749 PALM AVENUE
About This Property
For investors, this property also presents an attractive opportunity as a potential rental property within the City of Largo (Buyer to independently verify rental restrictions, permitting requirements, and intended use with the City of Largo). Move-in ready homes with this level of renovation, major system updates, lot size, flexibility, and prime location are increasingly hard to find at this price. Schedule your private showing today before this Largo gem is gone!
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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 26, 2026 | Sold | ||
| Sold | |||
| Jun 27, 2026 | In contract | - | |
| In contract | |||
| Jun 24, 2026 | Price Decreased |
$340,000
↓ $10K
(2.9%) | |
| Price Decreased | |||
| May 20, 2026 | Listed by KELLER WILLIAMS REALTY- PALM H | $350,000 | |
| Listed by KELLER WILLIAMS REALTY- PALM H | |||
| Jan 15, 2019 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017