81280 National Drive
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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 |
|---|---|---|---|
| Dec 29, 2025 | Sold | ||
| Sold | |||
| Dec 15, 2025 | In contract | - | |
| In contract | |||
| Nov 26, 2025 | Listed by Bennion Deville Homes | $2,195,000 | |
| Listed by Bennion Deville Homes | |||
| May 13, 2025 | Listed | $2,195,000 | |
| Listed | |||
| | |||
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Beautiful home located in the Greg Norman Estates at PGA West! This hard to find popular Plan 4 offering 5 bedrooms, & 5.5 baths. There is 4200 square feet of space in this home as well as a large 14,375 square foot lot that makes for phenomenal outdoor entertaining! Large pebble pool & spa, large patio with build in BBQ for outdoor dining, all overlooking the 10th fairway of the Greg Norman course! Enjoy the outdoor fireplace, fountain & sitting area nestled in an interior courtyard for private gatherings. Expansive living room with a stack stone wall feature with game and sitting area. Culinary kitchen with granite slab counters, stainless appliances, walk in pantry, all overlooking the family room with fireplace and wet bar! The primary suite in this home offers a sitting area with fireplace, spa like en-suite with soaking tub, large walk in shower & two walk in closets. There are 3 guest rooms in the main house and all have their own en-suites offering great privacy! The 5th bedroom is an upstairs Casita up the staircase that is located in the back courtyard offering an en-suite, fireplace, and balcony to take in the views! This home has everything you need for a full time or second home getaway! Offered furnished per inventory!
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| Dec 8, 2020 | Sold | ||
| Sold | |||
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About Norman Course
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017