36
Map
150 Palmer Ave
About This Property
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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.
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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 |
|---|---|---|---|
| Nov 14, 2025 | Sold | ||
| Sold | |||
| Jul 19, 2025 | In contract | - | |
| In contract | |||
| Jul 3, 2025 | Listed by 8z Real Estate - ROCC | $425,000 | |
| Listed by 8z Real Estate - ROCC | |||
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Terrific corner lot located in the heart of Poncha Springs, this 1242 square foot home has been recently renovated and priced to sell. The 3-bedroom, 2-bath home offers an open floor plan with vinyl planking flooring, French doors to the covered back patio, a fenced back yard, and a convenient location across from the community garden, walking distance to shopping, and the Town of Poncha Springs park. Just a couple blocks to great access to Hwy 50 and Hwy 24, providing an easy path to the surrounding outdoor adventures, including Ski Monarch, National Forest, Hot Springs, and endless trails in the backcountry. New flooring, interior paint, light fixtures, in addition to many other upgrades, this home has all appliances included, a natural gas forced air system, and brings an opportunity to add your personal touches. This corner lot offers flower beds and a covered patio for extended outdoor living. The center of the home is a great room with vaulted ceilings and customized wall detail in the dining room. The kitchen offers a corner pantry, solid surface counter tops, and newer appliances; the laundry room is conveniently located off the kitchen with a door to the back yard. A spacious primary bedroom and ensuite with walk-in closet and updated 3/4 bath. Two additional bedrooms and a 3/4 bathroom complete the layout of this efficient and convenient home. Oversized detached garage is a nice bonus for vehicle storage as well as extra parking. This is a great opportunity for home ownership. The title has been purged, see attached documentation.
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| Apr 25, 1997 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017