312 PALMWAY Drive
About This Property
Open house on Sunday, February 27,2022 from 2:00 pm to 5:00pm
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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 |
|---|---|---|---|
| Dec 13, 2024 | Sold | ||
| Sold | |||
| Dec 11, 2024 | In contract | - | |
| In contract | |||
| Oct 17, 2024 | Price Decreased |
$189,900
↓ $10K
(5%) | |
| Price Decreased | |||
| Jun 13, 2024 | Listed by COLDWELL BANKER BEN BATES INC | $199,900 | |
| Listed by COLDWELL BANKER BEN BATES INC | |||
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Unique property on double lot with 4 car garage! This 3 bedroom 2 bath home includes 2 bedroom 1 bath in the front of the home and an attached 1 bedroom 1 bath apartment in the back of the home. The apartment has a separate entrance and includes a large eat-in kitchen and spacious living room. The front 2 bed/1 bath also has an open living/dining room and a big kitchen. Per seller, upgrades in 2023 include HVAC, water heaters, on demand water heater, lighting, fans, and laminate flooring. Features a metal roof, large covered front and back porches, and a rear deck. The 4 car concrete block garage has a carport attached as well and includes two separate two car garages. The exterior of the home is concrete block, but this is a mobile home with additions and build around. The 1972 single wide mobile home makes up approx 732 sq ft of the 2000+ living space. Being offered furnished.
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| Mar 23, 2022 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017