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5380 Florida Palm Avenue
About This Property
Thoughtfully designed for both everyday living and entertaining, this home features 3 bedrooms, 2 bathrooms, a spacious office/flex room, formal living and dining rooms, and a beautifully remodeled kitchen. Major updates include a brand-new roof, newer A/C, and PEX plumbing throughout, providing peace of mind for years to come. Best of all, there's no HOA, giving you the freedom to enjoy your property your way.
Whether you're looking for room to spread out, space for hobbies and toys, or simply the peace and privacy that acreage provides, this property offers endless possibilities.
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 14, 2026 | Sold | ||
| Sold | |||
| Jul 10, 2026 | In contract | - | |
| In contract | |||
| Jul 8, 2026 | Listed by Blue Marlin Real Estate | $645,000 | |
| Listed by Blue Marlin Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017