1
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600 Palmer Drive
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 |
|---|---|---|---|
| Aug 23, 2018 | No longer available | - | |
| No longer available | |||
| May 30, 2018 | Listed | $152,000 | |
| Listed | |||
| | |||
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Lovely and renovated 2 bedroom 1 bath home with bonus room, indoor laundry, remodeled kitchen that changed the whole look and feel, making it unique from the others in the area. With new cabinets, counters, fresh paint, newer carpet, newer a/c, furnace,roof, newer duel pain windows,landscape and totally rebuilt water heater. Exquisite low maintenance grounds with storage shed, attached garage and gate leads to club house. Home is located in echo hills senior community. With low tax rate and low HOA fees ($50.00 per month) make this a great place to relax, golf, play and enjoy the fruits of your labor. It's also a great investment opportunity. Come Take a look!!The manager has listed the unit size as 1032 square feet.
| |||
| May 30, 2018 | Sold | ||
| Sold | |||
| Mar 13, 2018 | Listed by CENTURY 21 LOIS LAUER REALTY | $152,000 | |
| Listed by CENTURY 21 LOIS LAUER REALTY | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017