408 Palmer Road
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 |
|---|---|---|---|
| Mar 26, 2020 | Sold | ||
| Sold | |||
| Nov 14, 2019 | No longer available | - | |
| No longer available | |||
| Nov 4, 2019 | Listed by Aprilian Inc. | $148,000 | |
| Listed by Aprilian Inc. | |||
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Not your typical manufactured home. You will love this oversized 3 bed, 2 bath mobile home with attached 2 car garage, on its own private lot. Large greenhouse is perfect for anyone with a green thumb. Backyard is fenced in, and includes additional storage shed. Bring your finishing touches to make the interior your own. Enjoy single-level living with open-concept kitchen and dining, and even a Master suite. Spacious room currently used as office could easily be turned into a 4th bedroom. Lots of potential for outdoor lifestyle. Conveniently located to Mass. Pike, stores, lovely center of town.
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| Oct 17, 2019 | Listed by Keller Williams Realty North Central | $150,000 | |
| Listed by Keller Williams Realty North Central | |||
| Oct 2, 2006 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017