2 Palace Court
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 |
|---|---|---|---|
| Aug 28, 2026 | Listed by Portfolio Properties, LLC | $2,289,000 | |
| Listed by Portfolio Properties, LLC | |||
| May 7, 2026 | No longer available | - | |
| No longer available | |||
| Nov 6, 2025 | Listed by Portfolio Properties, LLC | $2,289,000 | |
| Listed by Portfolio Properties, LLC | |||
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New Construction!! Located in a highly desirable and established community, Customize your luxurious dream home in this new PRIVATE cul de sac. This beautifully designed home features a bright open floorplan with 5 bedrooms and 4.5 baths, a gourmet kitchen, and an oversized island.1st FLOOR EN-SUITE BEDROOM with a walk in closet and full bath is perfect for in laws, guests or a nanny. Enjoy the Spacious family room with gas fireplace and glass sliding doors leading to a private outdoor deck, perfect for entertaining and enjoying the serene surroundings. Home office with glass French doors. 2nd level boasts 4 bedrooms with a spacious and inviting primary suite, large walk in closet, luxurious spa like primary bath with double vanities, soaking tub and tile shower. 2nd floor laundry room. 2 car oversized garage. Generous builder allowances. 1 year warranty. By appointment only.
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| Dec 28, 2001 | Sold | ||
| Sold | |||
| Jul 31, 1997 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017