2 Palmer Ave
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 21, 2025 | Sold | ||
| Sold | |||
| Jul 16, 2025 | In contract | - | |
| In contract | |||
| Jul 8, 2025 | Listed by Coldwell Banker Realty - Marblehead | $1,495,000 | |
| Listed by Coldwell Banker Realty - Marblehead | |||
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Every once in a while, a home comes along that captures your heart like no other. Perhaps it’s the expansive wraparound porch, the pretty garden, or the exquisite kitchen, opening into a fireplaced living room. Maybe it’s the inviting dining room, or the rich details found throughout. The allure continues upstairs with a serene primary bedroom featuring an updated ensuite with a steam shower. The common bathroom offers a luxurious soaking tub and elegant marble countertops. Two additional spacious bedrooms & a home office with custom built-ins complete the second floor. Guests will appreciate the privacy and comfort of the third-floor accommodations, while the lovely backyard—featuring a patio, fire pit, and hot tub—invites you to relax and unwind. Modern upgrades provide peace of mind: newer windows, full insulation, LeafGuard gutters, 3-zone heat and A/C, a generator, fans in every bedroom, and a 2-car garage. All that, and just a 10-minute stroll to the beckoning of Phillips Beach!
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| Feb 19, 2016 | Sold | ||
| Sold | |||
| Sep 16, 2013 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017