12 Palmyra 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 |
|---|---|---|---|
| Apr 13, 2024 | No longer available | - | |
| No longer available | |||
| Oct 23, 2023 | Listed by RE/MAX Sauk Valley | $200,000 | |
| Listed by RE/MAX Sauk Valley | |||
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Brimming with potential! Beautiful 3.76 acre corner lot in a prime edge of town location. The demo work has been completed for you, making a blank canvas to finish to your specs, (being sold 'as is"). Consists of a 3 bedroom, 2 bath bungalow with a partially finished basement. Furnace with AprilAire - 2022. Well pressure tank- 2014. Radon system- 2023. Roof - apx 15 years with 30 year shingles. The 3 car heated garage has water and a workshop area for all your projects. Blacktop driveway. 24' round above ground pool with deck. 16'x30' outbuilding with lean-to, bring the chickens! Potential for splitting into two parcels...house and buildings and new home site. Perfectly located at the corner of Holly and Palmyra Roads, this property is oh-so close to Emerald Hill Golf Course, restaurants and shopping. Unique Opportunity! The manager has listed the unit size as 1160 square feet.
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| Aug 2, 2023 | Sold | ||
| Sold | |||
| Jun 29, 2023 | Listed by Bird Realty | $219,000 | |
| Listed by Bird Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017