000 Palmetto Dr
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.
You can learn more about cap rate here .
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 12, 2024 | Sold | $7,500 | |
| Sold | |||
| Dec 16, 2023 | Relisted | $15,000 | |
| Relisted | |||
| Oct 24, 2023 | In contract | - | |
| In contract | |||
| Oct 4, 2023 | Price Decreased |
$15,000
↓ $5K
(25%)
|
|
| Price Decreased | |||
| Sep 2, 2023 | Listed by REALTY ONE GROUP HORIZON | $20,000 | |
| Listed by REALTY ONE GROUP HORIZON | |||
Property Highlights
000 Palmetto Dr
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Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|
Similar Homes for Sale
Currently no similar homes around
REALTY ONE GROUP HORIZON
Last Updated: 2 months ago
Data Source: WPMLS , MLS# 1621895
