15319 Palmer Manor Drive
About This Property
Sizeable footprint and lot allow for cosmetic upgrades, layout refreshes, and modern finishes.
Good bones: the structural shell, major systems likely in place. Minimal gut overhaul may be needed.
Potential for strong rental income
Interior finishes reflect early 2000s/late 2000s design likely needing modernization (flooring, paint, kitchen, baths).
Possibly HVAC and Roof must be checked.
Cosmetic: fixtures, lighting, hardware, etc.
As-Is Price
You're buying the opportunity more than turnkey perfection.
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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 |
|---|---|---|---|
| Apr 24, 2026 | Sold | ||
| Sold | |||
| Mar 29, 2026 | In contract | - | |
| In contract | |||
| Mar 26, 2026 | Price Increased |
$369,999
↑ $9K
(2.5%) | |
| Price Increased | |||
| Mar 23, 2026 | Listed by Keller Williams Signature | $360,999 | |
| Listed by Keller Williams Signature | |||
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REMODELED HOME WITH NO BACK NEIGHBORS! Ideally located just off Hwy 290 and only minutes from Costco, HEB, Kroger, Target, and Walmart, this beautiful home is zoned to highly rated schools and features NEW FLOORING (2026), NEW PAINT (2026), NEW WALK-IN SHOWER (2026), AND NEW ROOF (2026). Offering a spacious open-concept layout with 4 bedrooms, 2.5 bathrooms, plus a dedicated office, game room, and formal dining area, this move-in-ready home combines comfort, style, and convenience—schedule your showing today!
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| Oct 20, 2025 | Sold | ||
| Sold | |||
Property Highlights
Building Info
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Status
Price/ft²
Listed On
Sold On
About Cypress
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$2,500 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017