5310 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 |
|---|---|---|---|
| Oct 27, 2023 | Sold | ||
| Sold | |||
| Aug 5, 2023 | Listed by Full Circle Texas, LLC | $429,000 | |
| Listed by Full Circle Texas, LLC | |||
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Amazing custom home situated on a massive lot! Enjoy peace and serenity on your own little slice of heaven! This quiet, low traffic area is just minutes from I45 but feels like you are deep in the country. Though this gem is located just blocks from Dickinson Bayou, it never flooded in Harvey. The driveway is massive and can fit all of your guests vehicles for those holiday gatherings. The backyard features a huge deck, storage shed, and separate yard for your animals. The home features crown molding throughout and custom floors. The kitchen opens to the living room and features travertine backsplash, custom soft close cabinets, and granite countertops. The bathrooms have all been updated and the primary bath boasts a rainfall shower head. The Low E windows will keep those energy bills down. No HOA, No MUD, and low taxes. Make this newer custom built retreat yours today and get modern day amenities in a country atmosphere! All appliances will stay!
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| May 9, 2022 | Sold | ||
| Sold | |||
| Feb 24, 2022 | Listed by Gulf Coast, Realtors | $425,000 | |
| Listed by Gulf Coast, Realtors | |||
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Beautiful custom home, exterior built with Cimarron red brick and sandstone arched front porch. Travertine flooring, 12' ceiling decorated with an tiffany style chandelier. Open concept floor plan, granite countertops, travertine backsplash and all soft close cabinet features. Formal dining room features a 9' to 10' tray ceiling and chandelier. Cozy breakfast area with a bay window shape wall to the 100'x100' back yard. Master Bedroom has a 9' to 10' tray ceiling, double crown molding, spacious master closet, lots of daylight with over sized living room and dining room windows, walk in decked attic area with lots of room for storage-no pull down attic stairs. 10' wide full size gate for access to the side/back yard for possible RV or boat or any other toy. Quiet, low traffic peaceful area, one block from the school, just minutes driving distance to I-45 House did not flood during Harvey, huge driveway and carport that can accommodate easily 8 cars, no HOA, no monthly fees.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017