000 Palo Alto
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 |
|---|---|---|---|
| Mar 19, 2024 | Sold | ||
| Sold | |||
| Jan 31, 2024 | Listed by South LLC | $110,000 | |
| Listed by South LLC | |||
| Aug 27, 2021 | Sold | ||
| Sold | |||
| May 23, 2021 | Listed by Pride Realty Group | $65,000 | |
| Listed by Pride Realty Group | |||
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Lot close to HWY 16 towards San Antonio or towards the City of Poteet. The pink flag marker on Palo Alto Drive may indicate where property line starts. Please verify all information.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017