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5400 Palm Tree Rd
About This Property
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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 |
|---|---|---|---|
| Oct 6, 2026 | In contract | - | |
| In contract | |||
| Jul 14, 2026 | Listed by Douglas Elliman | $1,350,000 | |
| Listed by Douglas Elliman | |||
| Nov 6, 2025 | Listed | $1,399,000 | |
| Listed | |||
| | |||
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Welcome to 5400 Palm Tree Rd in Plantation — a rare ranch-style home on over 1 acre. This spacious property features 5 beds, 4 baths, a 3-car garage, and a separate guest quarter. The home offers generous living areas, including a comfortable family room, all set on a massive private lot. Located near schools, parks, shopping, transportation, and places of worship, this neighborhood offers strong community appeal.
A unique opportunity to own a large estate-style property in a prime Plantation location!
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| Oct 1, 1987 | Sold | ||
| Sold | |||
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About Plantation
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$1,200 /mo
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$7,000 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017