2012 Palafox Drive
About This Property
The Thoughtful Home Collection is built for modern living, with functional design and convenient features throughout. The open-concept living and kitchen area is bright and finished with quality materials, a large gathering island, plus an oversized pantry, a pocket office, and a pet room with a charming Dutch door. The home includes three bedrooms and 2.5 baths, plus a flexible room off the foyer that can serve as a playroom, office, or formal dining area. Practical touches such as a mud bench and coat closet by the garage entry, a secure package drop box on the front porch, and enhanced garage storage options all maximize convenience and everyday comfort.
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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 27, 2026 | Price Decreased |
$485,000
↓ $10K
(2%) | |
| Price Decreased | |||
| Aug 11, 2026 | Relisted | $495,000 | |
| Relisted | |||
| May 9, 2026 | In contract | - | |
| In contract | |||
| Jan 21, 2026 | Listed by Camille Johnson | $495,000 | |
| Listed by Camille Johnson | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017