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14 Palisades
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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 |
|---|---|---|---|
| Oct 19, 2017 | Sold | ||
| Sold | |||
| Sep 2, 2017 | Listed | $1,295,000 | |
| Listed | |||
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Spectacular, unobstructed 180 degree ocean views from both levels! This home offers one of the best panoramic ocean views in all of Bear Brand and will take your breath away. Palisades is one of the highest streets in the community and is a single loaded cul-de-sac for easy guest parking. No house directly in front of you and no rooftops or other obstructions! A massive deck with glass railing off the master bedroom that offers inspiring ocean vistas, golden sunsets and beautiful city light views. The open floor plan features high vaulted ceilings, abundant natural light, travertine flooring, formal living/dining rooms, kitchen adjacent to the large family room with fireplace and main floor bedroom with 3/4 bathroom. Up the curved staircase to a spacious master suite with vaulted ceilings that encompasses the entire back of the home. The master bathroom features a soaking tub, separate shower, dual vanities and walk in closet. 2 additional bedrooms share a bath on the 2nd level. Spacious lot with ocean view terraces for outdoor entertaining. Other features include new paint including main floor and deck, 3 car garage, central A/C and trellis in the backyard for afternoon shade. The manager has listed the unit size as 2400 square feet.
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| Aug 8, 2017 | Listed by First Team Estates | $1,295,000 | |
| Listed by First Team Estates | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017