1
Map
2 Palmer Road
About This Property
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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 |
|---|---|---|---|
| Nov 4, 2009 | Sold | ||
| Sold | |||
| Aug 7, 2009 | Listed | $39,900 | |
| Listed | |||
| May 31, 2007 | Sold | ||
| Sold | |||
| Nov 21, 2006 | Listed | $42,000 | |
| Listed | |||
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Why rent? When you can own this great mobile home! Only $115/MO lot fee. New Storage shed, new storm windows,screens and sash, new paint,carpet and linoleum. New woodwork in the 2nd bedroom. Central air! Pressure treated deck overlooking the river. This home has a lot to offer and is conveniently located in a quiet setting. The price includes a $12,000.00 cooperative fee.
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| Jan 31, 2005 | Sold | ||
| Sold | |||
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Address: 335 Madison Avenue, New York, NY 10017