131 PALMER STREET
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 25, 2016 | Sold | ||
| Sold | |||
| Dec 16, 2015 | Listed by COLDWELL BANKER VANGUARD REALTY | $55,000 | |
| Listed by COLDWELL BANKER VANGUARD REALTY | |||
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Great neighborhood close to historic St. Augustine. Lovely 3 bedroom with 2 bathroom and a 1 car garage. Large fenced yard for all your outdoor activities. This home is in need of repairs. This home does not qualify for financing and as such is an all cash sale. Investors are welcome to bid.
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| Jul 10, 2014 | Sold | ||
| Sold | |||
| Oct 1, 2002 | Listed by WATSON REALTY CORP | $119,975 | |
| Listed by WATSON REALTY CORP | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017