4522 Palm Street
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 |
|---|---|---|---|
| Nov 14, 2022 | Sold | ||
| Sold | |||
| Aug 29, 2022 | Listed by Keller Williams Signature | $396,600 | |
| Listed by Keller Williams Signature | |||
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Location! Location! Location! Close to the beach in a small community, where the public beach is located just minutes away. As you enter, you are greeted with an abundance of natural light flowing through the windows, as well as a large open floor plan with open area living and kitchen area - perfect for entertaining. The kitchen features granite countertops and stainless steel appliances, a separate dining area, and one downstairs bedroom, with the other two located upstairs. This home generously offers you both ocean and bay views from its multiple raised decks and outside patio areas, as well as convenient access to a community boat ramp, as well as large docks located in the front and back of the home. There also have been many recent updates including a new roof (2022), new HVAC (2022), new carpet and freshly coated paint throughout. Furnishings can also convey with home.
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| Aug 24, 2021 | Sold | ||
| Sold | |||
| Jun 28, 2021 | Listed by Gulf Coast, Realtors | $350,000 | |
| Listed by Gulf Coast, Realtors | |||
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DARLING BEACH VIEW HOME freshly decorated and painted. Surrounding beach and bay views from every window. The large open deck provides a relaxed place to entertain or unwind, enjoy the salt air and the glorious sunsets. The kitchen has a breakfast bar & separate dining area with loads of storage. Vaulted ceilings give the rooms an open and spacious ambiance. There is a storage/workroom area downstairs with the possibility of another full bathroom. Beach access is just a quick stroll across the highway, and the subdivision boat ramp is a short drive to fantastic fishing. This home has the best of both worlds. Currently a rental, and the new owner will need to honor all the confirmed rentals on the books. Most furnishings convey with the home, some exclusions may apply.
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| Aug 29, 2020 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017