60 PALETHORPE AVENUE
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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 |
|---|---|---|---|
| Aug 31, 2026 | Sold | ||
| Sold | |||
| Jul 14, 2026 | In contract | - | |
| In contract | |||
| Jun 18, 2026 | Listed by Keller Williams - Main Street | $350,000 | |
| Listed by Keller Williams - Main Street | |||
| Dec 6, 2025 | In contract | - | |
| In contract | |||
| Nov 21, 2025 | Listed | $350,000 | |
| Listed | |||
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Welcome to 60 Palethorpe Ave, an impressive 4-bedroom, 2-bath residence offering remarkable space, character, and untapped potential in a peaceful Clementon neighborhood. This home features thoughtfully updated cosmetic renovations that enhance its charm, along with a generous enclosed porch perfect for morning coffee or year-round relaxation. The expansive layout includes a full-size basement ready for finishing, providing endless possibilities for recreation, storage, or hobby space. The 2-car garage includes a full second level that offers versatile space. While not currently zoned for additional living quarters, buyers are welcome to explore zoning or permit approvals for potential future uses such as an in-law suite, studio or private retreat. With its blend of upgraded living spaces, architectural versatility, and room to grow, this property is a standout choice for those seeking an elevated lifestyle and long-term value.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017