16 Palamino 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 1, 2023 | Sold | ||
| Sold | |||
| Apr 14, 2023 | Listed by Keller Williams Realty Monmouth/Ocean | $769,000 | |
| Listed by Keller Williams Realty Monmouth/Ocean | |||
| Sep 22, 2022 | No longer available | - | |
| No longer available | |||
| Mar 20, 2022 | Listed by C21/ Action Plus Realty | $849,900 | |
| Listed by C21/ Action Plus Realty | |||
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This beautiful colonial home in much desired Green Hills sits on over 4 acres of protected land. 4 bedrooms 3 and 1/2 baths. Beautiful kitchen with granite counters flows into 2 story family room with vaulted ceiling, fireplace and hardwood flooring, New Carpet in Living room/dining room. The Home office can be 5th bedroom w full bathroom on 1st level. Fully finished ''WALK OUT'' basement with half bathroom is great for entertaining! No expense spare in this spectacular yard that has an Inground 45x35 L Shape pool with a practically maintenance free mineral springs salt water system, new liner & built in Paramount Cleaning system. Azek/timbertech deck, with built in lighting & top of the line hot tub. Over 62K spent on this yard in the few years. 1 YEAR HOME WARRANTY Included.
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| Feb 4, 2022 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017