218 Palmer Drive
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 |
|---|---|---|---|
| Mar 9, 2026 | Sold | ||
| Sold | |||
| Feb 11, 2026 | In contract | - | |
| In contract | |||
| Dec 16, 2025 | Listed by FULL HOUSE REALTY | $434,900 | |
| Listed by FULL HOUSE REALTY | |||
| Sep 23, 2018 | No longer available | - | |
| No longer available | |||
| Aug 23, 2018 | Listed | $295,000 | |
| Listed | |||
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This house has had a complete internal makeover. 4 Bed, 3 bath, OPEN Concept, with fabulous basement game room. In-ground pool finished in March 2018, yard is being re-sod. Shop is large enough for storage, workshop, and equipment. Has 6 lots that go into another subdivision behind PAR Village. Access to the 17th Fairway, clubhouse amenities. And your very own outdoor pizza oven. Room to grow. A MUST SEE!!! The manager has listed the unit size as 2896 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017