306 PALM CREST Drive
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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%.
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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.
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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 29, 2024 | Sold | ||
| Sold | |||
| Apr 4, 2023 | Listed by GPS REALTY LLC | $919,483 | |
| Listed by GPS REALTY LLC | |||
| Oct 26, 2022 | Listed by GPS REALTY LLC | $891,193 | |
| Listed by GPS REALTY LLC | |||
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This Cooper is a 1 story with a bonus room upstairs, 2,894 square feet 4 bedrooms and 3.5 baths. The porch welcomes visitors into the foyer and home office. The gathering room and dining room are both adjacent to the kitchen with views to the covered lanai. A large master suite with an elegant en-suite bath boasts two walk-in closets. 2 secondary, first floor bedrooms share a hall bath in a private wing of the house. The bonus room adds bedroom 4 and an additional bath upstairs.
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Last Updated: 2 years ago
Data Source: Real MLS, MLS# 1220249
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017