47 Palmer St
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 |
|---|---|---|---|
| Apr 24, 2024 | Sold | ||
| Sold | |||
| Mar 8, 2024 | In contract | - | |
| In contract | |||
| Feb 29, 2024 | Listed by Coldwell Banker Realty - Lexington | $1,275,000 | |
| Listed by Coldwell Banker Realty - Lexington | |||
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An inviting wrap-around porch welcomes you to this turn of the century colonial with old world charm inside and out. Enter into the spacious foyer with french doors to the front parlor which contains a fireplace and multiple windows. A sunlight dining room has a second fireplace, three large windows, and a half bath with laundry. The eat-in kitchen and adjoining pantry have an abundance of custom cabinets. The second level has four good size bedrooms and a full bath. The upper level has great flex space with a spacious bedroom, 3/4 bath, a bonus room with exterior access, and a small kitchenette. A grand staircase, wood floors and energy efficient windows are just a few of this home's many great features. Enjoy afternoon tea on the spacious front porch, the enclosed back porch or the deck overlooking the level back yard. Located in a tree-lined, wonderful neighborhood close to restaurants, coffee shops, MBTA bus routes and 1.6 miles to Alewife station via the bike path. A true gem!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017