18 Palmer Street
About This Property
The finished basement adds even more value with luxury vinyl plank flooring throughout, ample storage closets, and a convenient half bathroom with tile flooring. A dedicated laundry room houses the washer and dryer, keeping everything neatly organized.
Additional highlights include a partially paver backyard, a roof less than three years old, a French drain with sump pump in the basement, and a brand-new garage completed in 2020.
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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 |
|---|---|---|---|
| Feb 9, 2026 | Sold | ||
| Sold | |||
| Jan 10, 2026 | In contract | - | |
| In contract | |||
| Dec 30, 2025 | Listed by RE/MAX Central | $598,900 | |
| Listed by RE/MAX Central | |||
| Oct 27, 2018 | No longer available | - | |
| No longer available | |||
| Sep 6, 2018 | Listed | $349,000 | |
| Listed | |||
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Charming 3 bedroom 1.5 bath home features a 3 season porch which leads to an open floor plan on the main level, including living room, dining area, & gorgeous 2016 gourmet kitchen!! Sliders from the main level open to the deck and beautifully landscaped/fenced in yard. The 2nd floor includes 3 bedrooms and a tastefully updated full bathroom. Finished basement features a family room, half bath, and laundry area. The possibilities are endless for the huge partially finished walk-up attic! This home is very well maintained, located on a dead end street, and close to transportation. Welcome home! HIGHEST & BEST DUE MONDAY, 9/10, by 3PM
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017