1608 Palcio Real Drive
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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 12, 2022 | Sold | ||
| Sold | |||
| Jan 18, 2022 | Listed by Vanderbilt Realty | $261,000 | |
| Listed by Vanderbilt Realty | |||
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Come and view this beautiful 4 bedroom 2.5 bath home in City Park. Home has been updated with Granite countertops and has zero carpet. New dishwasher 06/21, New microwave 05/21, New stove 05/21, New A/C unit 09/20 and new water heater 08/21. Primary bedroom is on Main floor with 3 other bedrooms and game room upstairs. There is a detached garage and a nice size yard with a pergola for you to enjoy nice afternoons.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017