62 Palisade Circle
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 18, 2023 | Sold | ||
| Sold | |||
| Jul 20, 2023 | Listed by Lucky Money Real Estate | $170,000 | |
| Listed by Lucky Money Real Estate | |||
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Nestled in a charming lake community, this fully remodeled 4 bedroom, 2 bathroom home is a hidden treasure waiting to be discovered. Renovated from the ground up, no detail has been overlooked in this beautifully crafted home. Step inside and marvel at the sleek and modern design, with all new appliances, roof, and HVAC. The kitchen boasts elegant wood cabinets, quartz countertops, and top-of-the-line stainless steel appliances. The bathrooms are equally impressive, with custom vanities and stunning tile work that exudes sophistication and style. With boat ramp access to the lake, this community offers the perfect retreat for those who love to fish, boat, or simply relax by the water. And, with the water bill included in the HOA, you can enjoy all the benefits of lakeside living without any additional hassle or expense.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017