23 Palmer Road
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 |
|---|---|---|---|
| Apr 30, 2012 | Sold | ||
| Sold | |||
| Sep 16, 2011 | Listed by Monarch Realty Group, LLC | $322,900 | |
| Listed by Monarch Realty Group, LLC | |||
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Beautiful picturesque setting for this over-sized 3 Bed. 2.5 Bath Cape w/att. garage. Newly painted interior and gleaming hardwood floors! Front to back breezeway can be easily converted to a finished Fam. Rm. Open kit.& din. rm. with built-ins. King size master w/ balcony. Newer Septic for 5 bedr. Sunshine glistens in the lovely bay/bow windows. The grounds are immaculately manicured with flowering trees. Huge back deck overlooks this great half-acre lot. Highly desirable neighborhood.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017