28889 Palisades 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 |
|---|---|---|---|
| Sep 18, 2018 | Sold | ||
| Sold | |||
| Jul 7, 2018 | Listed by COLDWELL BANKER SKY RIDGE RLTY | $549,000 | |
| Listed by COLDWELL BANKER SKY RIDGE RLTY | |||
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First Tier Palisades ~Across the Street from the Lake ~Classic Vintage Mountain Cabin ~Beaded wood paneling and original hardware ~Lake Views from the living room and large deck ~Updated with newer roof, electrical, plumbing, flooring, furnace ~Bathrooms on every floor ~Enter on lower level with Bonus Room, storage area and laundry ~Main floor Living room features large open beam ceiling, with skylights, and a split granite fireplace with the original swing arm cooking pot ~Two decks and a back patio ~2-parking spots ~Nice sense of privacy ~List price includes single slip dock with party platform, just down the street. Sold Furnished.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017