11324 Palmsprings Drive
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 |
|---|---|---|---|
| Apr 8, 2022 | Sold | ||
| Sold | |||
| Jan 21, 2022 | Listed by Winhill Advisors - Kirby | $339,500 | |
| Listed by Winhill Advisors - Kirby | |||
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Beautiful new construction home, spacious and ready for new beginnings! Major selling points in this home are the center island in the kitchen, open to the large living area, freestanding tub in the primary with a walk-in shower, massive walk-in closets, double sink vanities, plenty of natural lighting, clean color schemes, spacious floor plan design, and large backyard for entertaining.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017