775 ROYAL PALM CIRCLE
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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%.
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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.
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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 |
|---|---|---|---|
| Oct 25, 2024 | Sold | ||
| Sold | |||
| Sep 16, 2024 | In contract | - | |
| In contract | |||
| Sep 3, 2024 | Listed by COLDWELL BANKER PICKETT FENCES REALTY | $139,000 | |
| Listed by COLDWELL BANKER PICKETT FENCES REALTY | |||
| Sep 16, 2022 | Sold | ||
| Sold | |||
| Aug 25, 2022 | Listed by REALTY EXCELLENCE ADAMO & ASSO | $142,000 | |
| Listed by REALTY EXCELLENCE ADAMO & ASSO | |||
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Palm Hill Country Club, a premier 55+ community, is where you will find this well laid out two bedroom, two bath double wide manufactured mobile home featuring a front kitchen with pleasing views to the outside world. The community has two clubhouses and lots of opportunities to maintain an active lifestyle. Pools, tennis, pickleball, shuffleboard, golf, and social events can keep you as busy as you wish. The reasonable monthly homeowners fee of $414 even includes cable and internet. Enter the home from the carport and you will see the front kitchen. Windows across the front make it easy to watch neighborhood activity when doing kitchen duties. Upper and lower cabinets with butcher board countertops give great storage and preparation space. The dishwasher, range, refrigerator and the kitchen sink in front of the windows are all set up for easy use. A large built- in island like cabinet lies between the kitchen and dining room. Here there is even more storage space with upper and lower cabinets, as well as a tall cabinet on either end. The dining room side of the cabinet has a long counter for snacking or quick meals. Beyond lies the more established dining and living area. This space is open with the dining space occupying one side, and the larger living area the other. All furnishings within the home will be left for the new buyers. Windows on either side bring filtered light to the inside. A slider from the living space leads to a 11’ by 11’ front bonus Florida Room. This room has vinyl windows and an outside entrance. The large primary suite (11’ by 13’) is conveniently situated in the back of the home. Here there is plenty of closet space with three closets. The ensuite bath has a vanity with toilet and shower in a separate room. The smaller guest bedroom is at the other end of the hall and features a good sized wall closet. The hall bath has vanity and tub with shower. Throughout the home walls are all painted with contemporary color. Floors are carpeted with berber style carpeting, while vinyl flooring is in the kitchen and both baths. Buyers can add their own unique updates to make it their own retreat. The owners plan to pay to have the home treated (tented) for termites. This 1980 double wide manufactured home has siding, a one car carport, and a double roof was added in 2003. There is a bonus screened room attached to the home with entry off the end of the carport. In the rear there is a utility room. The share of $30,000 is included in the list price. Please call for a quick appointment. Talk to neighbors and they will all tell you how special the community is. Palm Hill’s location is great too being close to restaurants, shopping, the Pinellas trail, parks and two area airports.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017