1222 COLLIER PLACE
About This Property
Enjoy your mornings or evenings on the expansive, screened-in lanai overlooking the lush surroundings. Fully furnished, this home is move-in ready for you to start enjoying immediately.
Beyond your doorstep, Grand Palm offers an impressive array of resort-style amenities. With two clubhouses, a resort-style pool, lap pool, spa, fitness center, and gathering hall, there's something for everyone. Sports enthusiasts can enjoy tennis, pickleball, and miles of scenic walking trails, while the pier offers a peaceful spot for fishing. A playground, dog park, and numerous other recreational spaces make this community truly unique. Experience the best in maintenance-free living at Grand Palm!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jan 8, 2026 | Sold | ||
| Sold | |||
| Dec 8, 2025 | In contract | - | |
| In contract | |||
| Sep 6, 2025 | Price Decreased |
$395,000
↓ $35K
(8.1%) | |
| Price Decreased | |||
| Apr 13, 2025 | Price Decreased |
$430,000
↓ $20K
(4.4%) | |
| Price Decreased | |||
| Dec 15, 2024 | Price Decreased |
$450,000
↓ $30K
(6.2%) | |
| Price Decreased | |||
Property Highlights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017