558 PALACE Drive
About This Property
The heart of the home is the spacious center-island kitchen, featuring Frigidaire Gallery appliances, granite countertops, plenty of cabinet and prep space, perfect for everyday living & entertaining. LVP flooring throughout all main living areas provides a stylish, durable finish.
The generously sized owner's suite offers exceptional storage w/ 2 huge walk-in closets. The additional flex room provides the perfect space for a home office, den, hobby room, or guest area. Major updates include a BRAND NEW 3-ton Carrier HVAC system & new hot water heater, providing added peace of mind for the new owner.
Enjoy the benefits of a gated active adult community w/ lawn care included and no CDD fee. With its preserve views, extensive upgrades, flexible living space, and low maintenance lifestyle, this home is truly move-in ready and a must see!!
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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 |
|---|---|---|---|
| Sep 16, 2026 | Listed by WATSON REALTY CORP | $410,000 | |
| Listed by WATSON REALTY CORP | |||
| Jul 7, 2026 | Price Decreased |
$425,000
↓ $5K
(1.1%) | |
| Price Decreased | |||
| May 12, 2026 | Price Decreased |
$429,900
↓ $5K
(1.2%) | |
| Price Decreased | |||
| Mar 5, 2026 | Listed by WATSON REALTY CORP | $434,900 | |
| Listed by WATSON REALTY CORP | |||
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NO CDD FEE HERE!!! ENJOY THE PEACE & QUIET SURROUNDING THIS IMMACULATE, UPGRADED CLIFTON MODEL(2 BR+ FLEX RM) ON WOODED PRESERVE NEAR THE CUL DE SAC IN THE 55+' GATED SECTION OF SAN SALITO. BEAUTIFUL LVP FLOORING IN ALL MAIN LIVING SPACES FOR EASY UPKEEP! GENEROUS KITCHEN W/ UPGRADED FRIGIDAIRE GALLERY APPLIANCES, ''FARM SIZE'' SINK IN CENTER ISLAND, GRANITE COUNTERS, PULLOUT SHELVES IN MOST CABINETS & WALK IN PANTRY! OPEN GREAT ROOM & DINING AREA MAKE IT EASY TO ADAPT YOUR FURNITURE TO YOUR LIFESTYLE!! OWNERS SUITE BOASTS HUGE MAIN MASTER CLOSET, ''SPACIOUS'' SHOWER, HIS AND HER VANITY PLUS LARGE '' EXTRA'' WALK IN CLOSET IN BR. UPGRADED LIGHTING & FANS, TIMERS FOR SHOWER & WC FANS. SCREENED COVERED LANAI OVERLOOKS PRESERVE & YOU CAN ENJOY THE FRONT PORCH W/ PLENTY OF ''PORCH SITTING'' SPACE!! EXTERIOR PAINTED 2/2026, NEW HOT WATER HEATER 3/2026, WHOLE HOUSE SURGE PROTECTOR! GUTTERS W/ DEBRIS SHIELD!! OWNERS IN THE 55+ HAVE THEIR OWN AMENITIES & USE OF SAN SALITO AMENITIES
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| Mar 18, 2019 | Sold | ||
| Sold | |||
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About St. Johns
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017