1625 Palm
About This Property
The functional floor plan provides comfortable living spaces and four well-sized bedrooms, while the expansive lot offers excellent outdoor potential. The home is ready for updating, presenting a great opportunity to add your personal style and create the home you've envisioned. Step outside to the covered patio, perfect for relaxing, entertaining, or enjoying outdoor meals. A large covered carport provides ample protected parking and additional convenience. The large side yard is perfect for your summer garden. An added plus is the workshop with electricity and storage shed for all your equipment.
With its generous lot size, natural light, and solid potential, this property is a wonderful opportunity for buyers looking to put their own stamp on their new home. Roof is only a couple years old. Home has great bones and is perfect for first time buyers or a large family!
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Oct 22, 2026 | Sold | ||
| Sold | |||
| Sep 14, 2026 | Price Increased |
$365,000
↑ $6K
(1.7%) | |
| Price Increased | |||
| Sep 14, 2026 | In contract | - | |
| In contract | |||
| Sep 11, 2026 | Listed by City Center Realty | $359,000 | |
| Listed by City Center Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017