1217 Palm Drive
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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 |
|---|---|---|---|
| Feb 24, 2023 | Sold | ||
| Sold | |||
| Dec 8, 2022 | Listed by Keller Williams North Shore West | $379,000 | |
| Listed by Keller Williams North Shore West | |||
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Stunning renovation! Total gut rehab of a classic ranch style home with full finished basement! Over 2,500 square feet of living space. Everything inside is new! Plumbing, electric, HVAC, insulation and most windows. This home is packed with high-end finishes and modern details. Open floor plan. Large living/dining combo. Dream kitchen with white cabinets, quartz countertops and breakfast bar, Samsung kitchen appliances, 5 burner stove and Braun hood. Walk-in pantry. Two full bathrooms with gorgeous ceramic tile, stone counters, glass shower and built-in blue tooth speakers. Huge finished basement with two open areas that offer endless possibilities for leisure, play, work, fitness and entertainment. Enclosed breezeway between the house and the 2 car attached garage can be reimagined into a mud room and additional storage. Three car driveway. Perfect location on a corner lot, just minutes to parks, public library, all three schools and all the shopping and dining along the Dundee road. Eligible primary occupancy buyers may qualify to purchase this home using a special community loan program with as little as 3% down payment, no PMI, low interest rate financing and $7,500 lender closing cost credit.
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| Jan 21, 2022 | Sold | ||
| Sold | |||
| Nov 30, 2021 | Listed by RE/MAX Plaza | $237,900 | |
| Listed by RE/MAX Plaza | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017