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143 Palomar
About This Property
This well-maintained manufactured home offers a spacious and functional layout with 2 bedrooms, 2 bathrooms, and approximately 1,440 square feet of comfortable living space. Inside, you'll find generous living areas filled with natural light, creating a warm and inviting atmosphere throughout the home, complemented by freshly installed carpet throughout for a clean, move-in ready feel.
The kitchen opens nicely to the dining and living areas, making the space feel open and connected - ideal for everyday living or entertaining guests. Both bedrooms are generously sized, including a spacious primary suite with its own private bathroom and ample closet space.
The exterior offers great functionality with a long covered driveway providing potential RV parking or space for multiple vehicles (buyer to verify), along with additional outdoor space to enjoy the peaceful surroundings.
Cottonwood Estates is a popular senior community known for its quiet streets, low cost of ownership, and convenient location near shopping, dining, and medical facilities.
A great opportunity to own an affordable, move-in ready home in a well-established 55+ neighborhood with one of the lowest HOAs around.
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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 |
|---|---|---|---|
| Aug 22, 2026 | In contract | - | |
| In contract | |||
| Aug 6, 2026 | Price Decreased |
$169,000
↓ $10K
(5.6%) | |
| Price Decreased | |||
| Jul 14, 2026 | Price Decreased |
$179,000
↓ $10K
(5.3%) | |
| Price Decreased | |||
| Jun 11, 2026 | Price Decreased |
$189,000
↓ $10K
(5%) | |
| Price Decreased | |||
| May 19, 2026 | Listed by Abundance Real Estate | $199,000 | |
| Listed by Abundance Real Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017