41326 Shadow Palm Way
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 |
|---|---|---|---|
| Dec 20, 2022 | Sold | ||
| Sold | |||
| Aug 17, 2022 | Listed by Coldwell Banker Realty | $145,000 | |
| Listed by Coldwell Banker Realty | |||
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MASSIVE PRICE DROP!!! DOWN TO $145K FIRM. Buyer is ready to get this property into the hands of someone who can turn it into a money making machine!!!!!!Please run your numbers before you submit an offer. And if you claim 'well I can't run my numbers until I actually get under contract' then you're not as good of an investor as you may think you are. Please do not submit lowball offers. You will be wasting your time as seller has given me clear directions to present offers above a certain price only.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017