2514 Palace Drive
About This Property
This home is conveniently situated within minutes of Beltway 8, Freeway 59 & Highway 90. It is 10 mins from Medical Center. Low property tax!!
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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 |
|---|---|---|---|
| Mar 16, 2021 | Sold | ||
| Sold | |||
| Feb 2, 2021 | Listed by 5th Stream Realty | $267,950 | |
| Listed by 5th Stream Realty | |||
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Newly Remodelled Home with Open Floor Plan!! This Remarkable 3 bedroom home located in a safe and quiet cul-de-sac offers top of the line features throughout including high ceiling Family/Living room. The Chef Inspired kitchen offers quartz counters, stainless steel appliances, island with seating space, 42" cabinets and tiled back-splash. The master Suite includes glass enclosed shower and cultured quartz counter-tops. Spacious game room on 2nd floor can be used as a guest room. Detached garage gives extra space for parking.
This home is conveniently situated within minutes of Beltway 8, Freeway 59 & Highway 90. It is 10 mins from Medical Center. Low property tax!!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017