129 Old Palmer Rd
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 |
|---|---|---|---|
| Sep 29, 2023 | Sold | ||
| Sold | |||
| Aug 31, 2023 | In contract | - | |
| In contract | |||
| Aug 21, 2023 | Listed by RE/MAX Prof Associates | $349,000 | |
| Listed by RE/MAX Prof Associates | |||
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Located on 1.5 private acres in Brimfield this 3-bedroom country escape offers exactly what you have been searching for. 2 of the bedrooms and updated full bathroom on the first level offer convenient first floor living. The bright eat-in kitchen has huge windows w/ private backyard view, updated counters, backsplash, cabinets, SS appliances (commercial gas stove). Living room boasts exposed beams, impressive built-in cabinets, and soapstone stove insert. Second floor has 2 additional rooms and a ¾ bathroom. Hard wood floors throughout the property. Farmer’s porch provides a lovely outdoor seating option. The 2-story barn is equipped w/ plumbing and electrical. Shed for even more storage. Complete w/ a meadow formerly used for grazing, the private yard features beautiful plantings including: Irises, Lillies, Roses, Peonies, Paperwhites, Hydrangeas, Forsythias, Wisterias, Magnolias, Japanese Maples, apple/peach trees, raspberry/blackberry bushes. Create the farm/gardens of your dreams
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| Aug 4, 2023 | Temporarily off market | - | |
| Temporarily off market | |||
| Jul 16, 2023 | Listed by RE/MAX Prof Associates | $375,000 | |
| Listed by RE/MAX Prof Associates | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017