3 Palmer Road
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%.
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 24, 2020 | Sold | ||
| Sold | |||
| Feb 4, 2020 | Listed by Suburban Lifestyle Real Estate | $419,900 | |
| Listed by Suburban Lifestyle Real Estate | |||
| | |||
|
Location Location Location!! This one will not last great family neighborhood, close to schools, shopping and great commuter location. Home features 3 bedroom, country kitchen, dining room and living room, 1 bath on first floor redone recently, second floor space ready for second bath. Updates include newer roof, new septic, most windows, beautiful 18 X 18 vaulted family room with fireplace, casement windows and triple french door slider to back deck. Come take a look.
| |||
| Dec 4, 2019 | No longer available | - | |
| No longer available | |||
| Oct 30, 2019 | Price Decreased |
$429,900
↓ $10K
(2.3%) | |
| Price Decreased | |||
| Oct 18, 2019 | Listed by RE/MAX Real Estate Center | $439,900 | |
| Listed by RE/MAX Real Estate Center | |||
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Address: 335 Madison Avenue, New York, NY 10017