44 Palm Street
About This Property
Step inside to find a large living room and a formal dining room adorned with elegant wood flooring, creating a warm and inviting atmosphere. The master bedroom boasts a convenient half bath and a generous walk-in closet. This duplex has been updated with all new bathrooms, ensuring modern conveniences for both families with dedicated laundry areas in each unit.
Outside, enjoy a large, fenced-in backyard-perfect for children to play or for hosting gatherings with family and friends. The property also includes an attached garage and a carport, providing plenty of parking options. Additionally, a side door entry gives easy access to the second unit. Don't miss the opportunity to own this exceptional duplex, a rare find that combines space, comfort, and functionality for multi-family living!
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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 |
|---|---|---|---|
| Feb 14, 2025 | Sold | ||
| Sold | |||
| Jan 22, 2025 | In contract | - | |
| In contract | |||
| Dec 12, 2024 | Listed by Tysons Real Estate Co | $679,000 | |
| Listed by Tysons Real Estate Co | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017