1575 W Palais Road
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 |
|---|---|---|---|
| Jun 8, 2020 | No longer available | - | |
| No longer available | |||
| Jun 1, 2020 | Listed | $649,000 | |
| Listed | |||
| | |||
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Come make this charming house into your home with 3 bed 2 bath sitting in quiet residential neighborhood directly behind Palm Lane Park! At 1308 sq ft with 7320 sq ft lot, this home has abundant space for entertaining or kids playing outside! Clean, spacious back yard with pleasantly maintained lawn plus pergola for the perfect outdoor lounge area. New exterior paint and new water tank. Interior boasts newly remodeled kitchen with over $32k in upgrades including cabinets, countertops, hardware, recessed lighting, and more. Master bedroom showcases French doors with direct access to back yard. Location is prime with Disneyland only moments away, plus nearby shopping centers and schools including Loara High, Ball JH, and Palm Lane Elementary. Come check out this great property, it cannot be missed! The manager has listed the unit size as 1308 square feet.
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| Sep 16, 2019 | Sold | ||
| Sold | |||
| Jul 16, 2019 | Listed by KC Realty Group | $609,000 | |
| Listed by KC Realty Group | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017