5021 Palm Avenue
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 |
|---|---|---|---|
| Feb 13, 2025 | Sold | ||
| Sold | |||
| Jan 15, 2025 | In contract | - | |
| In contract | |||
| Jan 13, 2025 | Listed by Blue Marlin Real Estate | $360,000 | |
| Listed by Blue Marlin Real Estate | |||
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Welcome to Canveal Groves, where you will experience the ultimate in peaceful country living. This Ranch home sits on 1 acre of land and boasts a stunning front porch that invites you to relax and unwind. With 3 bedrooms and 2 bathrooms, this property features a spacious loft attached to the master suite located on the second story—truly a retreat you deserve. The vaulted ceiling creates an expansive and bright atmosphere throughout the home. It's move-in ready and offers ample opportunity for your personal touches and finishes. The oversized 2-car garage accommodates all your vehicles, toys, and hobbies with ease. Additionally, the positioning of the home grants you a large driveway and plenty of parking for an RV or boat. Don't miss the chance to call this remarkable property your own! Home will have a brand new roof installed prior to closing.
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| Apr 26, 2019 | Sold | ||
| Sold | |||
| Mar 23, 2019 | Listed by EXIT 1st Class Realty | $229,900 | |
| Listed by EXIT 1st Class Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017