24034 GRAN PALACIO
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 |
|---|---|---|---|
| Jul 7, 2015 | Sold | ||
| Sold | |||
| May 6, 2015 | Listed by Keller Williams Heritage | $795,900 | |
| Listed by Keller Williams Heritage | |||
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Spanish influence paired w/ flavor of South Texas evokes admiration. Green Certified 2008 Parade Home. Glamorous feel tempered by a relaxed style. 4682 SF main house w/ sunroom w/ fireplace & retractable doors for indoor/outdoor gatherings & 388 SF detached private quarters w/ full bath & wet bar. Spend an evening relaxing poolside, in the courtyard beside a peaceful fountain or on your private balcony. Breathtaking w/gated entry, enchanting portico & hand forged ironwork. Study w/bath. Media & GameRm!
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| Mar 6, 2013 | Sold | ||
| Sold | |||
| Sep 7, 2011 | Listed by Keller Williams Legacy | $650,000 | |
| Listed by Keller Williams Legacy | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017