20390 Palomar Street
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 |
|---|---|---|---|
| Jun 23, 2025 | Sold | ||
| Sold | |||
| May 24, 2025 | In contract | - | |
| In contract | |||
| May 8, 2025 | Listed by CENTURY 21 Affiliated | $650,000 | |
| Listed by CENTURY 21 Affiliated | |||
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Views! Views! Welcome to your cozy 2-bedroom, 2-bathroom pool home with an ADU and a detached office/workshop on a spacious 1-acre lot! Step inside the main home and be greeted by lots of windows and natural light and a bright kitchen featuring an island with a cooktop, a newer dishwasher, an oven, and a refrigerator. The dining area has a built-in hutch that opens to the inviting family room. The primary bathroom has been updated with a relaxing deep soaking tub, dual sinks and vanities, and modern fixtures. The secondary bathroom also boasts a newer vanity, mirror, lighting, and fixtures.
Beautiful laminate flooring covers the entire home, adding to its warm and inviting atmosphere. The air conditioning and windows were installed approximately 5 years ago while the roof is just a year old. The home also includes a water filtration system for clean and fresh water.
An attached ADU provides a separate living space with a bathroom and kitchen (no stove). Additionally, there’s a separate building with a wall-mounted A/C unit that can be transformed into an office, workshop, or multi-purpose room.
Along with your spacious detached 2-car garage there is ample parking space for your vehicles or boat as well as RV hook-up and dump facility. The backyard is perfect for entertaining and family gatherings. Take a refreshing dip in the pool, relax at the bar, or sip your favorite cocktail while watching the breathtaking sunsets. There’s also a half-bathroom outside for added convenience.
An automatic gate and three entrances to the property provide easy access to the property. There are lots of trees with birds chirping and plenty of room for horses, chickens, and a garden.
Don’t miss out on this unique and inviting property!
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| Aug 13, 2019 | Sold | ||
| Sold | |||
| Jun 24, 2019 | Listed by Performance Estates & Homes | $380,000 | |
| Listed by Performance Estates & Homes | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017