870 Renmar Drive
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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 |
|---|---|---|---|
| Jul 17, 2024 | Sold | ||
| Sold | |||
| Jun 8, 2024 | In contract | - | |
| In contract | |||
| May 29, 2024 | Listed by Compass Florida, LLC | $877,000 | |
| Listed by Compass Florida, LLC | |||
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Sought-after Royal Palm estate waterfront property with a private duel level dock. This entertainer’s dream home features an outdoor bar, firepit, and a saltwater pool surrounded by elegant travertine decking. The professionally landscaped grounds include exterior dusk-to-dawn lighting. Inside, find plantation shutters, crown molding, and 19' porcelain tile in the main living areas. The open kitchen is perfect for gatherings, and the split floor plan ensures privacy. Two cabana baths provide easy access to the pool area. This home combines luxury, style, and convenience—schedule your tour today and experience waterfront living at its finest!
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| May 21, 2004 | Sold | ||
| Sold | |||
| Apr 1, 1984 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017