2805 Palm Avenue
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%.
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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 |
|---|---|---|---|
| Oct 16, 2019 | Sold | ||
| Sold | |||
| Sep 5, 2019 | Listed by Vista Sotheby’s Realty | $3,099,000 | |
| Listed by Vista Sotheby’s Realty | |||
| Jul 13, 2019 | No longer available | - | |
| No longer available | |||
| Jun 5, 2019 | Price Decreased |
$3,050,000
↓ $49K
(1.6%) | |
| Price Decreased | |||
| Mar 25, 2019 | Listed | $3,099,000 | |
| Listed | |||
| | |||
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Gorgeous Nantucket style family home in a phenomenal Tree Section location. Easy walking distance to all the shops and restaurants in downtown Manhattan Beach. Open floor plan with great natural light to all the living space. Entry opens to an Living Room and Dining area. Great Room style living with center island Kitchen and adjacent Breakfast Nook, opens to private backyard with putting green. The gourmet kitchen is equipped with top of the line stainless steel appliances, marble countertops and custom cabinetry. Downstairs also has bedroom with en-suite bath and separate Powder Room. Tranquil master suite with walk-in closet and private deck. Four additional bedrooms and oversized laundry room complete the upstairs. Incredibly well maintained and move-in ready. Custom, designer finishes throughout, hardwood floors, ample cabinetry. and the convenience of living in an incredible location in the highly desired beach community of Manhattan Beach. The manager has listed the unit size as 3277 square feet.
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About Tree Section
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$5,995 /mo
- 3 Beds
- 2 Baths
- 2,037 ft²
$9,900 /mo
- 3 Beds
- 2 Baths
- 1,236 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017