18 Palomar 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 |
|---|---|---|---|
| Mar 29, 2024 | Sold | ||
| Sold | |||
| Feb 16, 2024 | In contract | - | |
| In contract | |||
| Jan 18, 2023 | Listed by Rayfield Realty Group | $319,900 | |
| Listed by Rayfield Realty Group | |||
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Beautiful corner lot home located in Rodeo Palms. Open kitchen with island and breakfast area, high ceilings and fireplace in the family room. Home includes 5 bedrooms, a study, and a large game room. The spacious backyard comes with a covered patio and you can enjoy great amenities like the pool and park. Brand new AC 2022. Brand new roof 2023. Call today for your private showing. PRICE HAS JUST BEEN DROPPED!
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| Dec 9, 2020 | Sold | ||
| Sold | |||
| Oct 22, 2020 | Listed by M5 Realty | $249,900 | |
| Listed by M5 Realty | |||
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This home is located on a beautiful corner lot with 5 bedrooms, a study, and a large game room. Open Concept Kitchen with a Center Island and attached breakfast area. Relax by the fireplace while enjoying your living room with high ceilings. Enjoy a spacious back yard with a covered patio and privacy fence. Subdivision includes Community Park, and Pool.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017