3648 RED PALM Place
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 |
|---|---|---|---|
| May 18, 2021 | Sold | ||
| Sold | |||
| Mar 4, 2021 | Listed by ERA Sellers & Buyers Real Esta | $136,000 | |
| Listed by ERA Sellers & Buyers Real Esta | |||
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Lots of bang for your buck! Southwest charmer w/circular drive & nice spacious private backyard complete sprinkler system! Offering 4Beds, 3 baths. 2 Masters, upstairs one has balcony, jack n jill bath upstairs. Kitchen with full stainless appliance package & upgraded faucet. Nice neutral colors throughout. Corner lot in gated community off Montana allows easy access to Ft. Bliss & Loop 375. Refrigerated Airl $20 per mth association dues.
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| Nov 2, 2015 | Sold | ||
| Sold | |||
| Sep 3, 2015 | Listed by Dream Work Realty | $129,900 | |
| Listed by Dream Work Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017