1950 Palmer Drive
About This Property
Enjoy a stunning kitchen with 42'' Atlanta Greystone cabinets, Atlanta Storm island, Calcutta Sponda quartz countertops, tile backsplash, stainless steel appliances, pantry, and a large island--perfect for casual meals and everyday gatherings. The open layout flows into the dining area and light filled Great Room.
A main level suite with private bath and walk in closet offers excellent flexibility for guests or a first floor primary option. Upstairs features a spacious primary suite with 5' shower, double vanity, quartz countertops, and walk in closet, plus three additional bedrooms, large loft, a full bath, and convenient laundry.
Minutes from South Graham Park, Cedar Rock Park, and I 85/40 with easy access to RTP and the Triad. Estimated completion June--schedule your tour today! Photos are of similar home, options may vary.
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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 |
|---|---|---|---|
| Aug 14, 2026 | Sold | ||
| Sold | |||
| Jul 12, 2026 | In contract | - | |
| In contract | |||
| May 22, 2026 | Price Decreased |
$389,700
↓ $10K
(2.5%) | |
| Price Decreased | |||
| Apr 13, 2026 | Price Decreased |
$399,700
↓ $9K
(2.3%) | |
| Price Decreased | |||
| Mar 20, 2026 | Listed by WINDSOR REAL ESTATE GROUP | $408,990 | |
| Listed by WINDSOR REAL ESTATE GROUP | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017