1646 Korat Drive
About This Property
access to the AV Mall, grocery stores, and the Palmdale Hospital. Inside, discover a spacious 3-bedroom, 2-bathroom layout with upgrades throughout, including elegant custom tile flooring, fresh paint, and sophisticated crown molding. The kitchen is equipped with all appliances: refrigerator, dishwasher, and stove/microwave. Washer and dryer are conveniently located in the laundry room. The expansive backyard features a covered patio, a tranquil garden seating area, and a custom-built shed with endless possibilities - perfect for a home office, creative studio, or hobby workshop. Don't miss this opportunity to experience the best of Palmdale living! Schedule a private showing today!
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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 |
|---|---|---|---|
| Mar 5, 2025 | Sold | ||
| Sold | |||
| Jan 22, 2025 | Listed by Berkshire Hathaway HomeServices Troth, Realtors | $524,900 | |
| Listed by Berkshire Hathaway HomeServices Troth, Realtors | |||
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About Palmdale
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017