6890 ROYAL PALM BL #308H
About This Property
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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%.
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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.
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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 25, 2011 | Sold | ||
| Sold | |||
| Oct 25, 2011 | Listed by Charles Rutenberg Realty LLC | $28,900 | |
| Listed by Charles Rutenberg Realty LLC | |||
| Jan 9, 2007 | Sold | ||
| Sold | |||
| Aug 3, 2006 | Listed by Qwest Realty Inc | $123,000 | |
| Listed by Qwest Realty Inc | |||
| | |||
|
MOVE IN CONDITION, NEW KITCHEN & BATHS, ALL NEW APPLIANCES, NEW WASHER & DRYER IN UNIT. OUTSTANDING VIEW , LOTS OF STORAGE, WALK IN CLOSETS. ONLY BUILDING IN COMPLEX THAT HAS WASHERS & DRYERS IN THE APT. VERY EASY TO SHOW. HAS LOCK BOX - CALL OWNER FOR S HOWING. 55 AND OLDER COMMUNITY WITH 1067 SQ FT. MOTIVATED SELLER!!!!
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/15/2025
|
2 Bed
|
2 Bath
|
970 ft²
|
$140,000
2 Bed
2 Bath
970 ft²
|
$120,000
-14.29%
02/20/2026
|
Mary Servellon
CENTURY 21 Tenace Realty
| |
|
03/30/2015
|
2 Bed
|
2 Bath
|
1100 ft²
|
$65,000
2 Bed
2 Bath
1100 ft²
|
$63,000
-3.08%
05/28/2015
|
Sandra Lowell
RE/MAX In Motion Inc
| |
|
10/25/2011
|
2 Bed
|
2 Bath
|
-
|
$28,900
2 Bed
2 Bath
|
$28,900
11/25/2011
|
Joni Ward
Charles Rutenberg Realty LLC
| |
|
08/03/2006
|
2 Bed
|
2 Bath
|
-
|
$123,000
2 Bed
2 Bath
|
$115,000
-6.50%
01/09/2007
|
David Alcott
Qwest Realty Services
| |
|
06/28/2006
|
2 Bed
|
2 Bath
|
1100 ft²
|
$122,900
2 Bed
2 Bath
1100 ft²
|
$122,900
08/29/2006
|
John Barbone
|
Building Info
About Royal Palm Gardens
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$1,925 /mo
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- 1,000 ft²
$1,975 /mo
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- 2 Baths
- 986 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017