12 Palis 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 |
|---|---|---|---|
| Dec 22, 2016 | Sold | ||
| Sold | |||
| Aug 7, 2016 | Listed by Mary A. Peters Real Estate | $484,900 | |
| Listed by Mary A. Peters Real Estate | |||
| Jul 1, 2011 | Sold | ||
| Sold | |||
| Mar 15, 2011 | Listed by RE/MAX Partners | $439,900 | |
| Listed by RE/MAX Partners | |||
| | |||
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Beautiful Home with Post & Beam, Hardwood floors through-out, refinished. Three master suites with walk-in closets, full baths. Cathedral ceilings/skylights/ceiling fans. Five Gas fireplaces with marble. Stainless/Granite kitchen with island for entertaining. Grand foyer w/chandellier. Open Living/kitchen/dining area, open flow. Long private drive leading to two car garage, direct entry. Four and a half baths. Quiet Cul-De-Sac neighborhood. Central air/central vac. A true Gem.
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| Jan 11, 2011 | Sold | ||
| Sold | |||
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