351 Palm CIRCLE
About This Property
The backyard is an absolute paradise, featuring a custom pool swing that is perfect for relaxing on those lazy summer afternoons. There's also a 6-person hot tub that's perfect for soaking away the stresses of the day. The fenced yard offers privacy and security, a dog run and a shed with electricity for extra storage.
Inside, you'll find an open floor plan with a beautifully updated kitchen complete with quartz countertops, perfect for whipping up your favorite dishes. Upstairs, the newly installed Eco-friendly bamboo flooring complements the spacious bedrooms and large master closet, ensuring that you have plenty of space for all of your belongings.
There are two driveways and a 2-car garage, which provide plenty of parking space for all of your vehicles and guests. With a new roof, this home is high and dry and has never flooded, making it the perfect choice for those who want peace of mind.
Located just a short distance from the beach, this home is perfect for those who love the sun, sand, and surf. Don't miss out on this amazing opportunity to own your own piece of paradise!
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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 12, 2023 | Sold | ||
| Sold | |||
| May 9, 2023 | Listed by FARRELL BITTNER REAL ESTATE COMPANY | $549,999 | |
| Listed by FARRELL BITTNER REAL ESTATE COMPANY | |||
| Apr 7, 2023 | No longer available | - | |
| No longer available | |||
| Mar 31, 2023 | Price Decreased |
$555,000
↓ $14K
(2.5%) | |
| Price Decreased | |||
| Mar 22, 2023 | Price Decreased |
$569,000
↓ $4K
(0.7%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017