1415 Palm Drive
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 5, 2024 | Sold | ||
| Sold | |||
| Aug 1, 2024 | In contract | - | |
| In contract | |||
| Jul 11, 2024 | Price Decreased |
$269,900
↓ $9K
(3.3%) | |
| Price Decreased | |||
| Jun 8, 2024 | Price Increased |
$279,000
↑ $9K
(3.4%) | |
| Price Increased | |||
| Apr 30, 2024 | Listed by RE/MAX On The Water -Bolivar | $269,900 | |
| Listed by RE/MAX On The Water -Bolivar | |||
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4 bedroom home with 3 full bathrooms and 1/2 bath. This home has been recently redone and has granite throughout the kitchen and baths. Walk in showers in two of the full bathrooms. This home offers two master bedroom areas which can easily make a mother in laws suite on one side of the home. The spacious living room leads into the cozy dining area to enjoy a warm fire in the winter months. The galley kitchen offers tons of counter space and plenty of storage areas for oversized cooking supplies. The back yard is fenced and makes the perfect playground for kids and pets, while offering a nice porch area for to relax and entertain.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017