2185 Palmer Place
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 |
|---|---|---|---|
| Aug 23, 2018 | No longer available | - | |
| No longer available | |||
| Jul 19, 2018 | Sold | ||
| Sold | |||
| Jun 11, 2018 | Listed | $1,588,888 | |
| Listed | |||
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Nancy Aynehchi and FirstTeam Estates are proud to present this 24-hour guard-gated luxury home in the highly coveted community of San Marino in Tustin Ranch. This exquisite home offers over 3,600+ square feet of luxurious living with 4 large bedrooms (one bedroom with full bathroom on the ground level), 3.5 bathrooms, Executive Office with dramatic vaulted ceiling, Custom Built-In Cabinetry and a spacious Bonus Room. Enjoy the spacious family room with open floor plan and gourmet kitchen with high-end appliances that opens to a private entertainer’s backyard with built-in BBQ and plenty of room for entertaining your family and friends in style. Dramatic 19 foot ceiling entry. Bright and spacious location on a beautiful cul-de-sac street, this highly upgraded home offers wall to wall designer flooring on the first floor and high-quality carpet in bedrooms. Plantation Shutters and Silhouette Window Coverings Throughout. This exclusive neighborhood is just a short distance to the prestigious Tustin Ranch Golf Course, casual and fine dining and world class entertainment. Award-winning Ladera Elementary School is accessible from inside the guard-gated community! A MUST SEE!!! The manager has listed the unit size as 3619 square feet.
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| May 28, 2018 | Listed by First Team Real Estate | $1,588,888 | |
| Listed by First Team Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017