215 Palm Meadows DRIVE
About This Property
The Trout Lake Nature Preserve is located directly behind the unit allowing this to be a very private setting! The monthly fee of $211 covers sewer, water, trash and recycling as well as the use of all the community facilities. These include a private boat ramp, a heated pool and a large clubhouse with library and exercise room. This home is being sold with a co-op share valued at ~ $33,000.
We've done more than throw in the kitchen sink ... This home is being sold FULLY FURNISHED-yes, even down to the coffee maker, dishes, utensils, pots and pans, gas grill, EGO electric mower, weed eater and blower! Most furnishings were new in 2021-22 including the 54" flat screen TV, and electric fireplace/blue tooth speaker console. All spiffed up, energy efficient and move in ready with low homestead taxes. Don't wait! It won't last long!
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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 |
|---|---|---|---|
| Sep 11, 2023 | Sold | ||
| Sold | |||
| Jul 17, 2023 | Listed by RIGHT REALTY CONNECTION, INC. | $169,000 | |
| Listed by RIGHT REALTY CONNECTION, INC. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017