52
Map
62 W Palm Drive
About This Property
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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%.
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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 |
|---|---|---|---|
| May 14, 2025 | Sold | ||
| Sold | |||
| Mar 31, 2025 | In contract | - | |
| In contract | |||
| Mar 28, 2025 | Listed by Re/Max 1st Choice | $629,900 | |
| Listed by Re/Max 1st Choice | |||
| | |||
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Step into the dream! Updated, impressive and immaculate! The gourmet kitchen is a chef's delight complete with granite counters and designer cabinetry. Time to make culinary masterpieces! Gorgeous large tile throughout this amazing home. Formal dining room. Roomy living room and spacious family room including a built in desk area. Vaulted ceilings throughout give an open, airy feel. Large primary bedroom with a lovely, updated master bath. 2 larger bedrooms on the other side of the house ensure privacy for all. Skylights add to the wonderful natural light. NEW ROOF: JANUARY 2025! Swim in the oversized sparkling pool or relax on the covered, screened patio. Perfect for morning coffee or entertaining. Amazing summer kitchen for the true Florida lifestyle. Large yard! Full accordion shutters!
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| Apr 12, 2013 | Sold | ||
| Sold | |||
| Sep 11, 2012 | Listed by Re/Max 1st Choice | $183,000 | |
| Listed by Re/Max 1st Choice | |||
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About Hammon Heights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017