7 Fortune LANE
About This Property
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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 |
|---|---|---|---|
| Jan 1, 2026 | Listed | $650,000 | |
| Listed | |||
| | |||
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Welcome to this brand new custom-built residence in the heart of Palm Coast. From the moment you arrive, the beautiful curb appeal and meticulous craftsmanship by Wise Choice Custom Homes are evident. Step through the double French doors into a light-filled interior featuring 14-foot ceilings and an open concept floorplan that flows effortlessly. The chef’s kitchen showcases a 16-foot island, wine cooler, custom 44-inch cabinetry, and ample storage. A 3-panel sliding door enhances indoor-outdoor living by opening to the covered patio — perfect for entertaining. The luxurious primary suite includes his and hers closets and a tiled shower extending from floor to ceiling. On the opposite side of the home are three additional bedrooms, two full baths, and an office — ideal for today’s lifestyle needs. Located just minutes from shops, dining, entertainment, and only a short drive to the beach, this 2,495 sq ft home offers prime Palm Coast living with no HOA. Don’t miss your opportunity to call this exceptional property home.
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| Feb 7, 2025 | Sold | ||
| Sold | |||
| Jan 6, 2025 | In contract | - | |
| In contract | |||
| Dec 28, 2024 | Price Decreased |
$559,900
↓ $20K
(3.5%) | |
| Price Decreased | |||
| Nov 25, 2024 | Price Increased |
$579,900
↑ $10K
(1.8%) | |
| Price Increased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017