35
Map
2125 Palm Avenue
About This Property
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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%.
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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 |
|---|---|---|---|
| Apr 1, 2026 | Sold | ||
| Sold | |||
| Jan 12, 2026 | In contract | - | |
| In contract | |||
| Dec 30, 2025 | Listed by Blue Marlin Real Estate | $499,000 | |
| Listed by Blue Marlin Real Estate | |||
| | |||
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Beachside Beauty: NO CAST IRON, 2022 ROOF, CORNER LOT!
A rare beachside find without the typical beachside price tag. Sitting on a large corner lot and just a short stroll to the ocean, this fully updated home offers modern comfort in one of the most desirable spots on the island.
Inside, the bright open layout centers around a gourmet kitchen with white wood cabinetry, white quartz, stainless appliances and a clean backsplash. Nearly everything is new: double-pane windows, PVC drains, PEX lines, electric, A/C, ducts, insulation, drywall, lighting, wood-plank tile, baseboards, irrigation, sod, fence, paver pad, fans and doors. Two solar attic exhaust fans add year-round efficiency.
All three bathrooms are brand new and the split floor plan gives you a private, spacious primary suite. Outside, the fenced yard and fresh landscaping make the lot feel even larger.
Don't miss your chance to grab the BEST value on the beachside:A-rated schools and true island living included!
| |||
| Aug 15, 2022 | Sold | ||
| Sold | |||
| Mar 18, 2022 | Listed by RE/MAX Alternative Realty | $499,000 | |
| Listed by RE/MAX Alternative Realty | |||
Property Highlights
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About Ocean Park
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$2,400 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017