1023 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 |
|---|---|---|---|
| Aug 13, 2018 | No longer available | - | |
| No longer available | |||
| Jul 19, 2018 | Sold | ||
| Sold | |||
| Jun 8, 2018 | Listed | $245,000 | |
| Listed | |||
| | |||
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Beautiful, large family home in a quiet Rockledge neighborhood. Downstairs offers an open floor plan, with a living room that has a great view down the street. Kitchen is spacious with stainless appliances and updated backsplash. Extra bedroom downstairs that can be used as an office or study. Upstairs offers 4 bedrooms, including the master and two bathrooms. Laundry room is very large and convenient. Backyard is perfect for entertaining, with a large sitting area, a fire pit, a pool and room for parking your boat if need be. This home is located next to shopping, restaurants, and has very easy access to 95. Contact Bobby Norton 321-501-7019, to schedule a showing. The manager has listed the unit size as 2044 square feet.
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| Mar 16, 2018 | Listed by RE/MAX Solutions | $245,000 | |
| Listed by RE/MAX Solutions | |||
| Aug 8, 2011 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017