16
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728 PALM TREE Road
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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 22, 2025 | Sold | ||
| Sold | |||
| Mar 4, 2025 | In contract | - | |
| In contract | |||
| Feb 11, 2025 | Listed by ROOT REALTY LLC | $519,900 | |
| Listed by ROOT REALTY LLC | |||
| | |||
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This adorable + renovated home in prime Jax Beach location is sure to impress! Nestled in North Jax beach, this ranch style property features a sweet front porch, a spacious + extended driveway and cute curb appeal from the very start! As you enter, note the updated LVP flooring, great open floor plan and stunning kitchen! Featuring white shaker cabinetry, quartz countertops, stainless steel appliances, gas range, plus a breakfast bar, this space will quickly become the heart of the home. The living room provides plenty of space for entertaining and even a heightened ceiling, making it feel even larger. Three well-sized bedrooms share a cute bathroom. A one car garage provides additional storage space and houses the washer and dryer that convey. Head towards the back to find the oversized screened in porch, perfect for morning coffee or evenings with friends, as well the hot tub, additional concrete pad, and fully fenced backyard.
Windows 2017
HVAC 2017
Roof 2016
| |||
| Dec 17, 2024 | No longer available | - | |
| No longer available | |||
| Nov 15, 2024 | Price Decreased |
$549,900
↓ $25K
(4.4%) | |
| Price Decreased | |||
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About Beaches
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017