323 PALMER ST
About This Property
This outstanding ranch (easy one floor living) features 4 bedrooms, 1 1/2 baths, basement (including french drain with lifetime warranty) NEWER garage with plenty of off-street parking and private fenced rear yard including shed. The stunning kitchen boasts awesome upgrades to the many cabinets, granite counters, center island, NEW stainless appliances, recessed lighting, separate breakfast room plus slider leading to NEWER 16x28 "Azek" composite deck. There are french doors off kitchen leading to spacious "bonus" room with many options plus laundry room with plenty of storage and half bath. The large yard has extensive landscaping with rear yard fenced to include swing set and trampoline. Centrally located - close to major highways, shopping and dining. Better hurry on this one! Pictures coming soon.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Feb 28, 2025 | Sold | ||
| Sold | |||
| Jan 10, 2025 | In contract | - | |
| In contract | |||
| Dec 12, 2024 | Price Decreased |
$399,900
↓ $19K
(4.6%) | |
| Price Decreased | |||
| Nov 17, 2024 | Price Decreased |
$419,000
↓ $11K
(2.6%) | |
| Price Decreased | |||
| Nov 3, 2024 | Price Decreased |
$430,000
↓ $19K
(4.2%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017