249 Palm Avenue
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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 |
|---|---|---|---|
| Jun 10, 2015 | Sold | ||
| Sold | |||
| Mar 31, 2015 | Listed by Del Coronado Realty | $1,595,000 | |
| Listed by Del Coronado Realty | |||
| Apr 6, 2012 | Sold | ||
| Sold | |||
| Jan 9, 2012 | Listed by Berkshire Hathaway HomeService | $1,095,000 | |
| Listed by Berkshire Hathaway HomeService | |||
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Ranch style family home with sun-filled backyard and over 2,600 square feet of cozy indoor living space. Located across from Palm Park and on a uniquely-shaped corner lot, this property is afforded almost total privacy. Most rooms have wooden ceiling beams and new heat & A/C units. There are two original fireplaces, formal dining and living rooms, a family room, bonus room, detached office, optional fourth bedroom... Views of downtown from the spacious rear yard, perfect for pets and kids. Prudential California Real Estate does not guarantee the accuracy of sq. footage, lot size or other infomation concerning the condition or features of the property provided by the seller or obtained from public records or other sources, and the buyer is advised to independently verify the accuracy of that information through personal inspection and with appropriate professionals. Equipment: Range/Oven Other Fees: 0 Sewer: Sewer Connected Topography: LL
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About Coronado
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017