44377 PALM FROND Drive
About This Property
Palmetto Landing will feature a beautiful amenity center with a resort-style pool, lap lanes, fitness room, card/billiard room, and kitchen/common room for residents, and the community is gated!
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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 20, 2024 | Sold | ||
| Sold | |||
| Aug 27, 2024 | In contract | - | |
| In contract | |||
| Aug 22, 2024 | Price Decreased |
$295,999
↓ $2K
(0.7%) | |
| Price Decreased | |||
| Aug 15, 2024 | Price Decreased |
$297,999
↓ $2K
(0.7%) | |
| Price Decreased | |||
| Aug 10, 2024 | Price Decreased |
$299,999
↓ $2K
(0.7%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
About Charlotte
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Last Updated: 3 years ago
Data Source: SWFLMLS, MLS# 224036708
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Address: 335 Madison Avenue, New York, NY 10017