1432 W 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 |
|---|---|---|---|
| Aug 18, 2025 | Sold | ||
| Sold | |||
| Jul 27, 2025 | In contract | - | |
| In contract | |||
| Jul 9, 2025 | Listed by RE/MAX ONE - Premier | $199,000 | |
| Listed by RE/MAX ONE - Premier | |||
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Nestled near the end of a quiet dead-end street, with minimal through traffic, the location provides a peaceful, almost secluded atmosphere. This charming home, full of character, offers a blend of style and functionality. At the heart of the living space is a striking black floor-to-ceiling electric fireplace with matching wood beam - a true focal point that exudes warmth and sophistication. The kitchen is a show stopper thoughtfully customized with rich butcher block countertops, custom cabinets and floating shelves. Warm tones of the wood counters contrast beautifully with the bold cabinetry; certainly a space that's as inviting as it is impressive. Peaceful back porch overlooking a tree lined backdrop, offering the perfect setting for quiet mornings or relaxing evenings. With its tasteful upgrades, distinctive style and quiet location, this home is a rare find.
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| Jun 16, 2025 | Price Decreased |
$199,000
↓ $6K
(2.9%) | |
| Price Decreased | |||
| May 26, 2025 | Listed | $205,000 | |
| Listed | |||
| | |||
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Nestled near the end of a quiet dead-end street, with minimal through traffic, the location provides a peaceful, almost secluded atmosphere. This charming home, full of character, offers a blend of style and functionality. At the heart of the living space is a striking black floor-to-ceiling electric fireplace with matching wood beam - a true focal point that exudes warmth and sophistication. The kitchen is a show stopper thoughtfully customized with rich butcher block countertops, custom cabinets and floating shelves. Warm tones of the wood counters contrast beautifully with the bold cabinetry; certainly a space that's as inviting as it is impressive. Peaceful back porch overlooking a tree lined backdrop, offering the perfect setting for quiet mornings or relaxing evenings. With its tasteful upgrades, distinctive style and quiet location, this home is a rare find.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017