8038 Palm Gate Drive
About This Property
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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 |
|---|---|---|---|
| Dec 6, 2024 | Sold | ||
| Sold | |||
| Jul 29, 2024 | Listed by Boca Expert Realty LLC | $529,500 | |
| Listed by Boca Expert Realty LLC | |||
| | |||
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Beautiful & open freshly repainted 3 bed, 2 bath, 2 car garage home located in the desirable Grande Palm community. Vaulted ceilings, tile throughout, semi open, split floor plan, oversized back yard that can accommodate a private pool, sleek brick paver driveway. This is a great ALL AGE, pet friendly neighborhood of only 61 single family houses, within walking distance to house of worship. Enjoy amenities like a swimming pool, tennis/pickleball, gated entrance, cable, total tree & lawn care, & common area maintenance. All for only $288 per month HOA fees!!
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| Dec 22, 2003 | Sold | ||
| Sold | |||
| Mar 27, 1998 | Sold | ||
| Sold | |||
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About Palm Beach
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$2,500 /mo
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- 1,308 ft²
$3,550 /mo
- 4 Beds
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017