0 Palmer Road
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 |
|---|---|---|---|
| Jun 30, 2016 | Sold | ||
| Sold | |||
| May 29, 2015 | Listed by Century 21 Toomey-Lovett | $75,000 | |
| Listed by Century 21 Toomey-Lovett | |||
| Feb 25, 2008 | Sold | ||
| Sold | |||
| Jan 4, 2008 | Listed by Sullivan & Wallace Real Estate | $50,000 | |
| Listed by Sullivan & Wallace Real Estate | |||
| | |||
|
APPRAISERS NOTE: "Sales is a portion of the original lot. Sale did not include Lot 2.2 containing 1560 square feet."
| |||
| May 5, 2005 | Sold | ||
| Sold | |||
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