31 Palmetto Place
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 |
|---|---|---|---|
| Nov 30, 2022 | Sold | ||
| Sold | |||
| Oct 14, 2022 | Listed by American Property Realty, LLC | $254,900 | |
| Listed by American Property Realty, LLC | |||
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Welcome home to 31 Palmetto Place. Conveniently located near 45 North, Panorama Golf Club, Lake Conroe, and more. This single-story home sits on a half-acre corner lot boasting over 2,000 square feet of living space. Featuring a fresh new coat of interior paint. The interior includes 3 bedrooms, and 2 baths with double vanity sink in the primary restroom, a massive walk-in pantry, and a wood-burning fireplace. New carpet and fixtures. A Generac gas-powered backup generator is also included! The exterior of the home also features a fresh new coat of paint surrounded by mature oak trees. Contact your REALTOR today to add this home to your viewing list.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017