1301 Palmer Lane
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 |
|---|---|---|---|
| Jan 23, 2026 | Sold | ||
| Sold | |||
| Nov 26, 2025 | In contract | - | |
| In contract | |||
| Nov 17, 2025 | Listed by RAC Properties of Athens, Inc. | $329,990 | |
| Listed by RAC Properties of Athens, Inc. | |||
| May 20, 2024 | Sold | ||
| Sold | |||
| Mar 18, 2024 | Listed by Community Partners Realty | $325,000 | |
| Listed by Community Partners Realty | |||
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Welcome to a truly unique residential oasis nestled at 1301 Palmer Lane. This charming split-level home boasts 3 bedrooms, 3 bathrooms, and a versatile flex room, offering an enchanting blend of comfort, style, and tranquility. Upon entry, you're greeted by the inviting main living area, featuring a vaulted ceiling, cozy fireplace, and new Pergo flooring—a perfect space for relaxation or gatherings with loved ones. The heart of this home lies in its delightful kitchen, adorned with updated porcelain tile floors, updated appliances, and elegant white cabinets, creating a bright and inviting ambiance ideal for hosting dinner parties or enjoying intimate family meals. Ascending to the upper level, you'll discover three generously sized bedrooms The master ensuite serves as a true retreat, boasting a soaking tub and separate shower, while the additional bedrooms and full bathroom with a shower/tub combo offer ample space for family members or guests. Descending to the lower level, a versatile flex room awaits, with a private entry from the back of the home and a full bathroom. This space is perfect for a home office, workout area, playroom, or teen hangout, offering endless possibilities. Outside, the property features a spacious backyard with a deck and wooden privacy fence—a perfect outdoor haven for entertaining guests or unwinding amidst nature's beauty. Located in the coveted Smith Mill neighborhood, residents enjoy the convenience of nearby shopping centers, restaurants, and top-rated schools, with easy access to 316 for commuting to Athens and Atlanta. This property is being offered at $325,000, this extraordinary home offers exceptional value, whether you're a first-time homebuyer or seeking your forever home. With a lot size of .51 acres, there's ample space to create cherished memories with family and friends. Don't miss out on this incredible opportunity! Schedule a viewing today to experience firsthand the unique qualities this property has to offer. Contact our dedicated agent for more information and personalized assistance in finding your dream home.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017