5402 PALAMON FARM
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 |
|---|---|---|---|
| Sep 16, 2025 | Sold | ||
| Sold | |||
| Aug 5, 2025 | In contract | - | |
| In contract | |||
| May 29, 2025 | Price Decreased |
$299,000
↓ $11K
(3.6%) | |
| Price Decreased | |||
| Apr 24, 2025 | Listed by eXp Realty | $310,000 | |
| Listed by eXp Realty | |||
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Spacious 3-Bedroom Home on Oversized Lot - Minutes from Lackland AFB! Nestled on a quiet cul-de-sac just minutes from Lackland Air Force Base, this beautifully maintained residence offers the perfect blend of comfort, space, and convenience. This home features an open floor plan ideal for family living and entertaining. The huge pantry in the kitchen is a chef's dream, offering plenty of storage for all your culinary needs. Step outside to enjoy your morning coffee or host weekend BBQs under the covered patio. Roof and HVAC are approximately 5 years old and the fence is approximately 3 years old.
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| Feb 14, 2007 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017