1331 Palisades Drive
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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 |
|---|---|---|---|
| Jun 17, 2022 | Sold | ||
| Sold | |||
| May 19, 2022 | Listed by Keller Williams Infinity | $575,000 | |
| Listed by Keller Williams Infinity | |||
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SHOWSTOPPER. SO MANY UPGRADES!! THE HOME IS NOW IN A CLASS OF ITS OWN. AN OPEN FLOOR PLAN IN TUNE WITH TODAYS DESIGN AND CONCEPTS.VERY WELL LIT WITH NATURAL LIGHT STREAMING ON THE 2 MAIN FLOORS.2-STORY FOYER AND FAMILY ROOM.BEAUTIFUL SUNROOM & FULL BATH ON MAIN FLOOR.FINISHED BASEMENT WITH 2 BEDROOMS AND FULL BATH AND YET LARGE ENOUGH FOR YOUR ENTERTAINING NEEDS. WET BAR AREA THAT COULD BE POSSIBLE SECOND KITCHEN. NEW GRANITE, PAINTED WHITE CABINETTS WITH NEW HARDWARE, NEW LIGHT FIXTURES IN HOME, NEW LOOK TO FR FIREPLACE, REMODELLED FIRST FLOOR FULL BATH,IRON SPINDLES ON STAIRCASE RAILINGS,NEWER STAINLESS STEEL APPLIANCES,NEW GARAGE DOOR OPENERS,NEW CEDARTONE PERGOLA IN BACKYARD, NEW ROOF, NEW WATER HEATER(2019), REDONE LANDSCAPING,FRESHLY PAINTED.
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| Oct 6, 2017 | Sold | ||
| Sold | |||
| Sep 2, 2017 | Listed | $389,900 | |
| Listed | |||
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One of the largest homes in Foxridge Farms. Ideal for in-law arrangement. Basement is fully finished with 2 bedrooms and a kitchen. 4 Full baths. So much room for such a reasonable price. The manager has listed the unit size as 3930 square feet.
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| Aug 1, 2017 | Listed by L.W. Reedy Real Estate | $389,900 | |
| Listed by L.W. Reedy Real Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017