3473 Areca Palm Avenue
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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 |
|---|---|---|---|
| Apr 16, 2024 | Sold | ||
| Sold | |||
| Feb 14, 2024 | Listed by RE/MAX Alternative Realty | $359,900 | |
| Listed by RE/MAX Alternative Realty | |||
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Welcome to your dream home! This stunning single-family home boasts everything you've been searching for and more. With four spacious bedrooms and two bathrooms, there is ample space for your growing family or visiting guests. The kitchen is a chef's delight, featuring elegant Corian counters and cherry cabinets that exude sophistication and durability. Imagine preparing delicious meals while enjoying the beautiful view of your large backyard. The vaulted ceilings create an open and airy atmosphere. The bedrooms are generously sized, providing a comfortable sanctuary for relaxation and rest. The thoughtfully designed floor plan ensures seamless flow and functionality, making everyday living a breeze. As you step outside, you'll be greeted by a screened porch, perfect for enjoying your morning coffee or hosting gatherings with friends and family. The large backyard offers endless possibilities for outdoor activities, from gardening to creating your own private oasis. This home truly has it all - a perfect blend of style, comfort, and functionality. Don't miss the opportunity to make this your forever home.
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| Oct 3, 2017 | Sold | ||
| Sold | |||
| Jun 19, 2017 | Listed by Coldwell Banker Realty | $189,000 | |
| Listed by Coldwell Banker Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017