Are you ready to join a vibrant 55+ community that offers a wide
range of amenities designed to keep you active and engaged? Palm
Hill Country Club is a 55+ cooperative community that invites you
to enjoy an exceptional lifestyle. Residents have access to pools,
jacuzzies, a golf course, tennis courts, pickle ball, shuffleboard,
clubhouses, bocce ball, billiards, and organized excursions, among
many other activities. Palm Hill is known for its welcoming
atmosphere, where friendly neighbors are always ready to greet you.
The community provides a well-organized living experience with a
single monthly fee of $595, covering water, sewer, trash removal,
recycling pickup, lawn care, cable, and internet. Inside the
comforts of Palm Hill Country Club is where you will find this 2005
two bed, two bath newer manufactured home. The present owner
has completed significant updates to the property since 2019. A
roof-over was added in2019. In 2021 appliances and the kitchen sink
were updated. Pavers were added to the front and carport in
2022. Laminate floors and carpets with sub floors present a modern
look. In 2024 windows were replaced with double panes
throughout, which created huge energy savings. Both baths
also have countertops replaced with appealing quartz. The
floorplan is both functional and attractive. The kitchen and
dining area have laminated floors. There is a kitchen table at the
far end of the kitchen with a utility closet to one side. The
work area has stainless appliances on both sides for convenient use
and a kitchen sink in front of a window. Beyond the work area
is the more formal dining space and to the left there is a natural
flow to the living room. Bay windows allow light to filter inside.
The ceiling has an impressive, elevated area. The
bedrooms are separated by the living room. The large primary
is at the end close to the dining space and has a huge wall closet
and an ensuite bath on the other side of the room. The guest
bath and guest bedroom lies off the far end of the living room. The
home has an open airy feel, higher ceilings, wall color, and new
style ceiling fans that are sure to attract. The owners are
in the process of deciding what furnishings will stay and will have
a list. Driving by you will want to stop the car. The
exterior stands out with its newer look, light, colored siding,
cozy front porch and long carport, big enough for two cars. At the
end of the driveway there is an outside utility shed for more
storage. Please call to set up a time to see this striking
home. If you are looking for a newer home this is a plus. A
share in the community is included.
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.
Last updated: 2 months ago (Stellar MLS #TB8497397)
Price History
Date / Event
Date
Event
Price
Sep 16, 2026
Price Decreased
$185,000
↓ $13K
(6.3%)
Price Decreased
Aug 21, 2026
Price Decreased
$197,500
↓ $12K
(5.5%)
Price Decreased
Jun 10, 2026
Price Decreased
$209,000
↓ $10K
(4.6%)
Price Decreased
Apr 11, 2026
Listed by COLDWELL BANKER PICKETT FENCES REALTY
$219,000
Listed by COLDWELL BANKER PICKETT FENCES REALTY
Property Highlights
Air Conditioning
Parking Details
Has Carport
Interior Details
Full Bathrooms: 2
Interior Features: Ceiling Fan(s), High Ceilings, Open Floorplan, Tray Ceiling(s), Vaulted Ceiling(s), Eating Space In Kitchen, Primary Bedroom Main Floor, Split Bedroom, Window Treatments
Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Range Hood, Refrigerator, Washer
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