9
Map
332 Palm Avenue
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 |
|---|---|---|---|
| Jul 8, 2025 | Listed | $134,000 | |
| Listed | |||
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MULTI-FAMILY ZONING, NO HOA!
Bring your toys!! I'm talking about your boats, campers and 4-wheelers. While you're at it, bring the whole family! This lot is zoned for multiple units. No neighbors across the street, just the trees. Two bedrooms (could be three) and one full bathroom, with vinyl floors and ceiling fans. This home is in the process of some renovations, but it's ready for your vision and finishing touches. Centrally located just a short drive from Eastern FL State College. This property has had great success as a long term rental. Bring your offer today!
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| Aug 4, 2023 | No longer available | - | |
| No longer available | |||
| Jul 13, 2023 | Listed by Blue Marlin Real Estate | $199,999 | |
| Listed by Blue Marlin Real Estate | |||
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Great first home or investment opportunity! This home has great bones on a fantastic lot. The lot is zoned for multiple units. You could add a mother-in-law suite or even a duplex. Leave it as is, and build a pool. The options are endless. Plenty of room to park your boat or RV. No neighbors across the street, so it's nice and quiet. It could use a little love, but the roof, floors and bathroom are all newer. The manager has listed the unit size as 800 square feet.
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| Jun 22, 2023 | No longer available | - | |
| No longer available | |||
| May 18, 2023 | Listed by Pastermack Real Estate | $200,000 | |
| Listed by Pastermack Real Estate | |||
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This 2 bedroom home is cute and cozy on a beautiful lot. There is plenty of room for your boat, RV or animals. It is zoned for 6 units per acre, so you can also add to it if you'd like. There aren't any neighbors across the street. Great central location. This home is tenant occupied. Please call agent with any questions. The manager has listed the unit size as 800 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017