11 Palmero Way
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 |
|---|---|---|---|
| May 10, 2024 | Sold | ||
| Sold | |||
| Apr 20, 2024 | In contract | - | |
| In contract | |||
| Mar 8, 2024 | Listed by Nextgen Real Estate Properties | $518,950 | |
| Listed by Nextgen Real Estate Properties | |||
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Bright, open and beautiful. Located in the Prestigious gated community of Rodeo Palms, this is one of those houses you just have to get out and see, pictures do it no justice. The Kingston floorplan has stunning high ceilings, your dream kitchen, and a gorgeous outfoor kitchen that is perfect for entertaining. Bedrooms are spacious, and no space was wasted in this stunning home. Come see for yourself and call this place home!
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| Jan 2, 2024 | No longer available | - | |
| No longer available | |||
| May 18, 2023 | Listed by Nan & Company Properties | $518,950 | |
| Listed by Nan & Company Properties | |||
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Welcome to 11 Palmero, a stunning new construction located in the prestigious gated community of Rodeo Palms. This luxurious home features the spacious Kingston floor plan, offering 4 bedrooms and 3.5 baths spread across two stories. Step inside to find high ceilings, a study, breakfast area, formal dining room, and a convenient half bath. The kitchen is a chef's dream, boasting beautiful countertops, a farmhouse sink, stainless steel appliances, and elegant shaker-style cabinets. The primary bedroom is a sanctuary with its dual sinks, vanity, soaking tub, separate shower, and walk-in closet. Outside, you'll find a lovely patio and a fully equipped outdoor kitchen, perfect for entertaining guests. Don't miss the opportunity to make this your dream home!
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About Manvel
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$6,250 /mo
- 5 Beds
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- 5,370 ft²
$6,500 /mo
- 4 Beds
- 3 Baths
- 4,500 ft²
Last Updated: 5 months ago
Data Source: HAR , MLS# 32784429
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017