417 Palmer
About This Property
Step inside to an inviting, light-filled interior with clean lines, a thoughtful layout, and elevated finishes creating a home that feels both contemporary and timeless. The main level is anchored by an open living area designed for gathering with a large island, gas fireplace, and expansive slider opening to large rear patio. Also on the main floor is a guest room/office with en-suite bathroom offering privacy and separation when needed. The upstairs features 3 additional bedrooms, 2 bathrooms, and laundry.
Enjoy added features such as engineered hardwood throughout, on-demand hot water heater, Broan One ERV for continuous fresh air ventilation, Andersen windows, mature trees on site, and a large fenced backyard providing a blank slate for many options.
Outside, enjoy easy access to Salida's vibrant restaurants, shops, parks, and schools.
Whether full-time residence or mountain getaway, this home offers the rare chance to own new construction in Salida proper without compromising space, design, or lifestyle.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Sep 1, 2026 | Sold | ||
| Sold | |||
| Aug 3, 2026 | In contract | - | |
| In contract | |||
| Jul 29, 2026 | Price Decreased |
$995,000
↓ $55K
(5.2%) | |
| Price Decreased | |||
| Jun 29, 2026 | Listed | $1,050,000 | |
| Listed | |||
| May 29, 2026 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017