5410 Palm Drive
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 |
|---|---|---|---|
| Nov 12, 2024 | Sold | ||
| Sold | |||
| Sep 6, 2024 | Listed by Southern Key Realty | $299,000 | |
| Listed by Southern Key Realty | |||
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This 3-bedroom, 2-bathroom home in desirable Indian River Estates is priced to sell, reflecting the need for the 2005 roof's repair or replacement. It features a spacious, upgraded kitchen with custom cabinetry and stainless-steel appliances, updated showers in bathrooms, and a large screened-in patio leading to a sparkling 15' X 30' pool with stone waterfall feature--perfect for relaxation and outdoor gatherings. This home also offer partial impact windows that were installed in 2016. Take advantage of this well-priced home in a great location--an opportunity you don't want to miss!CASH BUYER ONLY
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| May 3, 2017 | Sold | ||
| Sold | |||
| Jan 29, 2017 | Listed by Coldwell Banker Paradise | $215,000 | |
| Listed by Coldwell Banker Paradise | |||
| Mar 19, 2010 | Sold | ||
| Sold | |||
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About Indian River Estates
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$10,000 /mo
- 3 Beds
- 2 Baths
- 1,870 ft²
$2,200 /mo
- 3 Beds
- 1 Bath
- 1,344 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017