1607 PALM STREET
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%.
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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 |
|---|---|---|---|
| Jul 2, 2024 | Sold | ||
| Sold | |||
| Jun 11, 2024 | In contract | - | |
| In contract | |||
| May 21, 2024 | Price Decreased |
$325,000
↓ $25K
(7.1%) | |
| Price Decreased | |||
| Apr 7, 2024 | Price Decreased |
$349,900
↓ $15K
(4.1%) | |
| Price Decreased | |||
| Mar 22, 2024 | Listed by United Real Estate Strive 212 | $364,900 | |
| Listed by United Real Estate Strive 212 | |||
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You will fall in love with this detached home just 2 minutes away from Albright college walking, this immaculate property is located in the Heights Historic Conservation District adjacent to Albright College Campus. A beautiful example of old world charm with new amenities.
Wake up each morning in comfort, to a great neighborhood, located in a park-like setting in Hampden Heights. You will love the warm, distinctive look of the Vermont slate roof and clinker bricks, the character of the flagstone walk, porch and patio and the old-world charm of the brick archway, walk and garden. This spacious 2 1/2 story brick colonial home gives you plenty of room, both inside and out, whether you are impressing and entertaining guests; this home features 4/5 bedrooms with 3.5 baths, you can walk from the living room into the beautiful formal dining room, complete with hardwood floors. Next, explore the eat-in kitchen, with ample Island-countertop and plenty cabinet areas. On the second floor, you will find 4 nicely sized bedrooms and two full bathrooms. The third level features a finished attic that could be your exercise area, office or bedrooms; In the basement, discover the finished TV room/Mancave , The laundry room, utility room, and additional storage areas are also located in the basement. There is a 1 car attached garage along with additional driveway parking behind the home, accessible via an alleyway.
THIS IS A MUST TO SEE PROPERTY, please schedule your private tour today.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017