106 PALMER ROAD
About This Property
New siding, soffits, and capping, New exterior doors with new handles and locks, New concrete walkway leading to new bluestone front steps and concrete front porch with bluestone border. Removed the existing and installed new stone base and blacktop driveway. Oversized backyard deck completely renovated with PVC decking and railings. Interior Finishes are as follows: Entire home freshly painted,
New interior doors and hardware, All new window trim, base trim, and moulding, New crown molding installed in the kitchen, dining area, entertainment area, primary suite, and laundry/mud room.
Existing hardwood floors refinished, New ceiling fans in all bedrooms, New lighting fixtures throughout including 25+ recessed lights, Kitchen Island pre-wired for future homeowner lighting preference.
The Basement has an Existing French drain system with two sump pumps and battery backup, New lighting installed, Walls and floor freshly painted for a clean and updated finish. Close to major roadways, schools, shopping etc.. Easy to Show!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Apr 15, 2026 | Sold | ||
| Sold | |||
| Feb 23, 2026 | In contract | - | |
| In contract | |||
| Feb 7, 2026 | Price Decreased |
$799,900
↓ $30K
(3.6%) | |
| Price Decreased | |||
| Dec 17, 2025 | Listed by Home Journey Realty | $829,800 | |
| Listed by Home Journey Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017