454 W Palm 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 |
|---|---|---|---|
| Dec 10, 2019 | Sold | ||
| Sold | |||
| Oct 1, 2019 | No longer available | - | |
| No longer available | |||
| Sep 28, 2019 | Listed | $1,585,000 | |
| Listed | |||
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Welcome to this beautiful Arcadia home with everything you need to thrive in happiness. This 4 bedroom 2.5 bathroom home sits on an incredible expansive lot size of over 16,000 sq. ft! Step through the grand double-door entrance into a spacious open foyer. The formal living room & dining area feature newer laminate wood flooring and a naturally-bright & airy atmosphere. The kitchen offers a spacious cooking area with tile counter-tops & floors, breakfast bar, breakfast nook, electric cooktop, and double-ovens. The huge family room features newly painted walls, hardwood floors, gorgeous wood-beamed ceilings, and a rustic brick fireplace. 4 spacious bedrooms are tucked away in a hallway; 3 bedrooms share a hallway full bathroom with a dual-sink vanity, and the Master suite has its own private attached bath with walk-in shower. The laundry room is conveniently located inside the house near the kitchen along with a half bathroom. The backyard is enormous & has so much to offer; through sliding glass doors, you will find a huge covered patio area perfect for lounging. A massive tree provides cool shade for you to enjoy on a lush green lawn. The 3-car detached garage and extensive driveway offers plenty of space for multiple vehicles. Enjoy drinks & some sun ne The manager has listed the unit size as 2259 square feet.
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| Sep 14, 2019 | No longer available | - | |
| No longer available | |||
| Sep 7, 2019 | Listed by Re/Max Premier Prop Arcadia | $1,450,000 | |
| Listed by Re/Max Premier Prop Arcadia | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017