1648 PALO ALTO
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 |
|---|---|---|---|
| Jan 16, 2026 | Sold | ||
| Sold | |||
| Dec 12, 2025 | In contract | - | |
| In contract | |||
| Sep 29, 2025 | Price Decreased |
$224,900
↓ $25K
(10%) | |
| Price Decreased | |||
| Apr 4, 2025 | Listed by Shahan Real Estate | $250,000 | |
| Listed by Shahan Real Estate | |||
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Country Home on 4 Acres in Von Ormy, TX! Welcome to your peaceful retreat! This lovely 3-bedroom, 2-bathroom home offers 1,442 square feet of comfort and some modern updates. Enjoy new flooring in the living room, a fresh shower in the primary bathroom, and a brand-new bathtub in the secondary bath. Plus, a spacious workshop/garage for all your projects! With 4 acres to explore, you'll have plenty of room for gardening and outdoor activities. Don't miss this opportunity for serene country living-schedule your showing today.
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| Sep 18, 2015 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017