61 Palomino 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 10, 2020 | Sold | ||
| Sold | |||
| Jul 25, 2012 | Sold | ||
| Sold | |||
| Mar 26, 2012 | Listed by The Entry Only Listing Service | $369,900 | |
| Listed by The Entry Only Listing Service | |||
| Jul 14, 2004 | Sold | ||
| Sold | |||
| Apr 13, 2004 | Listed by RE/MAX Executive Realty | $389,900 | |
| Listed by RE/MAX Executive Realty | |||
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Best value in Dover Farms. This Belmont was a former model home. Two story open foyer w/tile floor. Living room has gas log fireplace. Dining room with bow window for extra light. Oak kitchen w/tile floor, and separate breakfast area leads to the deck. Three large bedrooms, master has walk in closet and bath. Many upgrades including outside irrigation system and landscaping. Neutral decor and move in condition. Welcome home.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017