224 PALISADE Drive
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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 |
|---|---|---|---|
| Jul 13, 2023 | Sold | ||
| Sold | |||
| May 11, 2023 | Listed by eXp REALTY LLC | $625,000 | |
| Listed by eXp REALTY LLC | |||
| Jun 27, 2018 | Sold | ||
| Sold | |||
| Jul 31, 2017 | Listed | $349,610 | |
| Listed | |||
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The new Richmond American Hemingway plan offers a study, a spacious family room that flows into a gourmet kitchen with a walk-in pantry, extended island, double ovens, a 5-burner gas cooktop & an adjacent sunroom with extended covered patio. You will also appreciate the convenient mudroom off the 3-car garage. Upstairs, there is a laundry room, a versatile loft & 4 bedrooms, including a luxurious master suite with a walk-in closet, a deluxe bath with a separate glass shower & garden tub, plus double sinks with a raised vanity. Plus, buyers can select interior finishes! Shearwater offers amenities for the entire family including 2 pools, water-slide, long, winding lazy river & more. Shearwater also offers state-of-the-art fitness center, tennis courts, nature trails & kayak launch.The manager has listed the unit size as 2521 square feet.
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| Jul 21, 2017 | Listed by eXp REALTY LLC | $378,059 | |
| Listed by eXp REALTY LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017