1949 SE PALMQUIST RD #64
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%.
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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 21, 2026 | Sold | ||
| Sold | |||
| Sep 23, 2026 | In contract | - | |
| In contract | |||
| Sep 21, 2026 | Price Decreased |
$142,000
↓ $8K
(5.3%) | |
| Price Decreased | |||
| Aug 11, 2026 | Relisted | $150,000 | |
| Relisted | |||
| Aug 4, 2026 | In contract | - | |
| In contract | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/12/2026
|
3 Bed
|
2 Bath
|
1848 ft²
|
$160,000
3 Bed
2 Bath
1848 ft²
|
$155,000
-3.13%
09/10/2026
|
Mary Hall
Oregon First
| |
|
06/05/2026
|
3 Bed
|
2 Bath
|
-
|
$129,900
3 Bed
2 Bath
|
$126,000
-3.00%
08/17/2026
|
Tony Lozzi
John L. Scott Portland Metro
| |
|
05/13/2026
|
3 Bed
|
2 Bath
|
-
|
$155,000
3 Bed
2 Bath
|
$153,000
-1.29%
08/05/2026
|
Chrissy Hamlin
Harcourts Real Estate Network Group
| |
|
04/25/2024
|
3 Bed
|
2 Bath
|
1056 ft²
|
$95,000
3 Bed
2 Bath
1056 ft²
|
-
-
|
Javier Alomia
Real Broker
| |
|
03/01/2024
|
3 Bed
|
2 Bath
|
1232 ft²
|
$145,000
3 Bed
2 Bath
1232 ft²
|
-
-
|
Eduardo Reyes
Keller Williams Realty Portland Premiere
| |
|
12/01/2023
|
4 Bed
|
2 Bath
|
1568 ft²
|
$122,000
4 Bed
2 Bath
1568 ft²
|
-
-
|
Stephen FitzMaurice
eXp Realty, LLC
| |
|
09/19/2023
|
3 Bed
|
2 Bath
|
1280 ft²
|
$119,900
3 Bed
2 Bath
1280 ft²
|
-
-
|
Marty Spellman
John L. Scott Portland Metro
| |
|
07/20/2023
| |
3 Bed
|
2 Bath
|
1232 ft²
|
$149,950
3 Bed
2 Bath
1232 ft²
|
-
-
|
Jesus Gomez
RE/MAX Equity Group
|
|
04/27/2023
|
3 Bed
|
2 Bath
|
1232 ft²
|
$99,000
3 Bed
2 Bath
1232 ft²
|
-
-
|
Gina Shingler
Oregon Digs Real Estate
| |
|
04/17/2023
|
3 Bed
|
2 Bath
|
1680 ft²
|
$139,900
3 Bed
2 Bath
1680 ft²
|
-
-
|
Eduardo Reyes
Keller Williams Realty Portland Premiere
| |
|
06/02/2022
|
3 Bed
|
2 Bath
|
1512 ft²
|
$139,999
3 Bed
2 Bath
1512 ft²
|
-
-
|
Eric Zechenelly
Willamette Equity Brokerage LLC
| |
|
04/07/2022
|
3 Bed
|
2 Bath
|
1782 ft²
|
$142,000
3 Bed
2 Bath
1782 ft²
|
-
-
|
Marjorie Baker
McKenzie-Baker Properties
| |
|
12/17/2021
|
4 Bed
|
2 Bath
|
1556 ft²
|
$133,900
4 Bed
2 Bath
1556 ft²
|
-
-
|
Marjorie Baker
McKenzie-Baker Properties
| |
|
07/19/2021
| |
3 Bed
|
2 Bath
|
1680 ft²
|
$79,500
3 Bed
2 Bath
1680 ft²
|
-
-
|
Bill Bailey
RE/MAX Advantage Group
|
|
03/23/2020
| |
3 Bed
|
2 Bath
|
1200 ft²
|
$72,500
3 Bed
2 Bath
1200 ft²
|
-
-
|
-
|
|
08/21/2018
| |
3 Bed
|
2 Bath
|
1620 ft²
|
-
3 Bed
2 Bath
1620 ft²
|
-
-
|
-
|
Building Info
- 3 Units for Sale
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017