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7053 Palazzo Reale
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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 |
|---|---|---|---|
| Aug 23, 2018 | No longer available | - | |
| No longer available | |||
| Aug 14, 2018 | Sold | ||
| Sold | |||
| May 14, 2018 | Listed | $299,900 | |
| Listed | |||
| | |||
|
Welcome to this Palm Beach/Mizner inspired 3/2 open floor plan home in this intimate luxurious setting were residents enjoy only the finest lifestyle. This property is walking distance to the clubhouse. This screen entryway to your front custom 8' double door makes your impressive entrance safe and dry. The coffered ceilings foyer opens to your bright and airy home tiled throughout with high flat ceiling from 9'4'' to 13'. 8' high interior doors with European-style raised panels gives you a stately feel. The gourmet kitchen offers a chef's walk in pantry, over-sized 42'' upper cabinets with matching lower cabinets with silhouette doors and flush drawer fronts. Coffered ceilings in the Master suite and dining room complimented by extensive crown molding throughout this lovely home. The manager has listed the unit size as 2102 square feet.
| |||
| Jan 17, 2018 | Listed by The Keyes Company | $289,900 | |
| Listed by The Keyes Company | |||
| Mar 30, 2012 | Sold | ||
| Sold | |||
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About Mizner Falls
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017