124 Palmdale Drive
About This Property
3 Spacious Bedrooms, w/2.5 baths Brick & Vinyl siding, Concrete driveway, Spacious Kitchen w/Quartzite tops, All Appliances,Food pantry and lots of cupboards,Updated Hi-Eff Furnace,A/C, and Water Heater.•
Huge PrimarySuite with private full bath, Heated In-Ground Pool with Spacious rear patio, Changing room, Nat. gas grill and entertainment center with bar, Country Pkwy Elementary, Transit Middle School, East High School! Stated Sq/Ft is per recent appraisal.
NOTE: Owners are building a new house and need until mid-to late December to stay in this house.
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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%.
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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 |
|---|---|---|---|
| Sep 2, 2026 | In contract | - | |
| In contract | |||
| Aug 23, 2026 | Listed by Hometown Elite Realty | $439,900 | |
| Listed by Hometown Elite Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017