503 Palmer St
About This Property
Palmer is a large wide street allowing mountain views and street parking.
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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 |
|---|---|---|---|
| Mar 5, 2021 | Sold | ||
| Sold | |||
| Jun 29, 2020 | Listed by HomeSmart Preferred Realty | $594,000 | |
| Listed by HomeSmart Preferred Realty | |||
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New Construction over 2,000 square feet with 4 bedrooms and 2 1/2 baths. Builder placed windows high for better views. Property is in finishing stages, inside is complete with lots of upgrades you will love! Quality built construction with great finishes. Single Car Garage and one parking space off alley for ease of access. Front yard is being landscaped and a new fence is installed all around yard. Appliances are in and look fabulous. Backyard will not be landscaped. Master closet will be left open for buyer's imagination! This is a one of a kind new construction come have a look!
Palmer is a large wide street allowing mountain views and street parking.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017