3614 Palm Drive
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 |
|---|---|---|---|
| Aug 25, 2020 | Sold | ||
| Sold | |||
| Jul 17, 2020 | Listed by eXp Realty LLC | $195,000 | |
| Listed by eXp Realty LLC | |||
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Charming 3 bedroom move in ready home in the heart of north Mesquite located on a very nice oversized corner lot. Numerous updates include wood laminate floors, fresh interior paint, ceramic tile in bathrooms, and bedroom carpet. The large living room opens to a wonderful kitchen and nice large dining room. There is a bonus room for storage attached to the house. The backyard includes a nice covered patio. Home also has a nice 1 car attached garage.
All information deemed reliable but not guaranteed buyer must make there own verification on square feet.
| |||
| Dec 31, 2019 | Sold | ||
| Sold | |||
| Nov 19, 2019 | Listed by Ultima Real Estate | $130,000 | |
| Listed by Ultima Real Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017