4216 Palmer Hill Drive
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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%.
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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 6, 2021 | Sold | ||
| Sold | |||
| Apr 6, 2021 | Listed by Century 21 Realty Partners | $374,500 | |
| Listed by Century 21 Realty Partners | |||
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Finally! A home in Harmony is available! Hurry to see this barely lived in Perry home. Everything you love about the Perry name and located in the hottest subdivision to date! A-rated schools will exceed your expectations and the booming area is filled with restaurants, shopping, and entertainment all around you. Upon entering the home, you'll fall in love with the tall ceilings, neutral paint, ceramic tile floors (no carpet anywhere!), private guest en-suite, bright/open kitchen, picture windows, and oversized covered patio to match the Texas-sized backyard! This home has everything you want and more! With 4 bedrooms/office/3.5 baths/and a full 2 car garage you can't help but know this is the one! Don't wait to schedule your private tour today!
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| Mar 18, 2019 | Sold | ||
| Sold | |||
| Aug 15, 2018 | Listed by Perry Development Management | $339,900 | |
| Listed by Perry Development Management | |||
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PERRY HOMES NEW CONSTRUCTION-Mahogany front door. Entry, extended entry and dining room with 12-foot ceilings. Library with French doors. Family room features a wall of windows and fireplace. Ceramic tile floor flows throughout. Island kitchen opens out to the family room. Highlights of the master bath include dual sinks, a garden tub, separate glass-enclosed shower and a large walk-in closet. Secluded guest suite. Large closets throughout. Extended covered backyard patio. Two-car garage.
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About Montgomery
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Last Updated: 4 months ago
Data Source: HAR , MLS# 66907147
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