28
Map
218 Palm Lane
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 |
|---|---|---|---|
| Sep 23, 2026 | Price Decreased |
$249,900
↓ $5K
(2%) | |
| Price Decreased | |||
| Aug 29, 2026 | Price Decreased |
$254,900
↓ $4K
(1.6%) | |
| Price Decreased | |||
| Jun 8, 2026 | Listed by Mega Realty | $259,000 | |
| Listed by Mega Realty | |||
| May 3, 2022 | Sold | ||
| Sold | |||
| Mar 30, 2022 | Listed by Mega Realty | $249,900 | |
| Listed by Mega Realty | |||
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Don't be fooled by the year on this one, this 1958 charmer has been taken down to the studs and totally remodeled to be brand new. Located in the heart of Lake Jackson, this 3 bedroom, 2 bathroom home boasts just over 1400sqft, an open concept and a privacy fenced back yard. Walk on inside and you'll immediately notice that no expense was spared here. Beautiful vinyl flooring throughout, and a kitchen that would make even the worst cook look like a chef. All wood cabinets, tons of counterspace, and a large kitchen island opening in to the living room make this a desired layout. To the back of the home you will find 3 bedrooms, and fully updated bathrooms showcasing granite and tiled surrounds. Plumbing, HVAC, Electric, windows all updated during remodel making this truly turn key for its new owner. Schedule today for a private tour before then one is gone!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017