2453 Palmer 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 |
|---|---|---|---|
| Apr 30, 2024 | Sold | ||
| Sold | |||
| Apr 8, 2024 | In contract | - | |
| In contract | |||
| Jan 4, 2024 | Price Decreased |
$815,000
↓ $84K
(9.3%) | |
| Price Decreased | |||
| Dec 20, 2023 | Price Increased |
$899,000
↑ $84K
(10.3%) | |
| Price Increased | |||
| Oct 26, 2023 | Listed by Top Hat Realty Group,LLC | $815,000 | |
| Listed by Top Hat Realty Group,LLC | |||
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Come and see this magnificent Tuscan masterpiece nestled within the beauty of the prestigious Golfcrest community. This stunning 4-bedroom sanctuary combines timeless elegance with modern sustainability. With exquisite craftsmanship, built-in features, solar panels, water filtration, and a lavish primary suite, this home offers an unmatched lifestyle for discerning buyers. The gourmet kitchen is a culinary haven, while the open floor plan seamless connects the living and dining areas. The primary suite is an oasis of tranquility, boasting a spa-like bathroom, spacious walk-in closet with custom built-ins. 3 additional bedrooms provide ample space, ensuring comfort and privacy. Embrace the sustainable living with paid off solar panels, reducing your carbon footprint while enjoying energy efficiency. Indulge in the resort-style amenities offered by the esteemed golf course, including clubhouse. Don't miss the opportunity to call this Tuscan Retreat your own!
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About Green Tee Terrace
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017