662 TREEHOUSE Circle
About This Property
You'll enter through wooden double doors into a foyer with a two-story ceiling and an eye-catching wrought iron staircase. Walls of windows on the top and bottom floors let in ample natural light.
Downstairs finds both formal living & dining spaces with two additional bedrooms, a spacious study, and two and a half baths.
The kitchen features a wrap-around breakfast bar, center island, wood hood, gas cooktop, double ovens & a walk-in pantry with wood shelving. A sunny dining nook with a dual-sided fireplace overlooks the private backyard.
Three sets of sliding doors open off the family room, leading out to a covered wrap-around screened lanai. Gleaming hardwood flooring runs throughout the main living spaces & you'll find decorative details throughout like crown molding, wainscoting, beadboard, tray ceilings, custom closets & plantation shutters.
An exposed wood and wrought iron stairwell leads up to three additional bedrooms with walk-in closets, two full bathrooms & a bonus room.
Outside, you'll find towering palm trees, a spacious paver driveway, a side-entry 3-car garage, and a well for irrigation. The spacious & private backyard affords plenty of room for a pool. This well-maintained home has a new roof that was completed in 2025 and has only had one owner.
Located in the sought-after gated community of Palencia, home to world-class amenities, an A-rated Elementary school & a championship Arthur Hills-designed golf course. Residents enjoy a fitness center, three community pools, lighted clay tennis courts, pickleball, sports fields, pocket parks, fitness trails, and a boardwalk leading to the Intracoastal.
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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 |
|---|---|---|---|
| Feb 5, 2026 | Sold | ||
| Sold | |||
| Jan 7, 2026 | In contract | - | |
| In contract | |||
| Oct 13, 2025 | Price Decreased |
$1,049,000
↓ $46K
(4.2%) | |
| Price Decreased | |||
| Sep 30, 2025 | Relisted | $1,095,000 | |
| Relisted | |||
| Sep 24, 2025 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017