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6724 Palermo Way
About This Property
an open concept floor plan with new brand new engineered wood flooring high ceiling and plenty of natural light, glass enclosed lanai overlooking the relaxing lake view and golf course. Gorgeous Atrium area to enjoy your morning breakfast or afternoon drinks. NEW roof, NEW A/C, sleek remodeled bathrooms. The home features a fully remodeled custom kitchen that is light and bright with quartz counter tops and new stainless steel appliances with a breakfast nook, All the bedrooms are spacious and offer ample closet space with new custom built in organizers , 3rd bedroom is currently used as a den, but can be easily enclosed. Enjoy outdoor living with beautiful golf course and lake views laundry room with utility sink and storage area, 2 car garage and much more.HOA fees include the 24 hours man-gated community entrance, roof replacement, gutters, cable/high speed internet, house exterior painting, lawn care, common areas & community pool
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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 |
|---|---|---|---|
| May 6, 2022 | Sold | ||
| Sold | |||
| Mar 1, 2022 | Listed by Keller Williams Realty - Wellington | $499,999 | |
| Listed by Keller Williams Realty - Wellington | |||
| Mar 5, 2021 | Sold | ||
| Sold | |||
| Jan 15, 2021 | Listed by Keller Williams Realty - Wellington | $319,900 | |
| Listed by Keller Williams Realty - Wellington | |||
| Jun 26, 2020 | Sold | ||
| Sold | |||
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About The Fountains Country Club
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$2,200 /mo
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$3,500 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017