24
Map
725 Palm Drive
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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 1, 2025 | Sold | ||
| Sold | |||
| Mar 21, 2025 | In contract | - | |
| In contract | |||
| Mar 18, 2025 | Listed by Compass Florida, LLC | $575,000 | |
| Listed by Compass Florida, LLC | |||
| | |||
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Discover the perfect opportunity to fulfill your beachside living dreams! Located on a prime street in the most sought-after area of Satellite Beach, this beautifully renovated home is just a block away from the ocean, with easy access via a city park across the street. Spanning over 1,720 sq ft, this 4-bedroom, 2-bathroom residence boasts numerous closets, central A/C, solid wood interior doors, and modern amenities including a dishwasher, garbage disposal, and refrigerator. The expansive, fully updated kitchen and large garage with remote door open add to the convenience, while the covered patio and private yard offers a serene retreat. Updates include a new hot water heater (2021), energy-efficient HVAC system (2021), energy-efficient impact windows and doors (2023), and new soffit and fascia (2023). Plus, a new vapor barrier and roof (2024), a completely new kitchen (2024), an updated primary bathroom (2024), and stylish wood-look tile flooring throughout the entire house (2025). Don't miss out on this exceptional home in a prime location of Satellite Beach.
| |||
| May 10, 2021 | Sold | ||
| Sold | |||
| Mar 19, 2021 | Listed by FlatFee.com | $455,000 | |
| Listed by FlatFee.com | |||
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About Satellite Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017