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623 IVORY PALM Road
About This Property
Quartz Countertps, Stone Gray Shaker Style Cabinets which features a Stainless Gas Cooktop, Built-in Microwave, Stainless Wall-Mount Vent Hood, & Stainless Double Ovens. The layout offers a Spacious Family room,
Seperate Dining, Cafe, Enclosed Study, Generous Owner's Suite with two Walk-in Closets, Upstairs Loft and a 9' x 8' Sliding Glass Door to a Covered Lanai with easy access to Amenities. It also has 9'
Ceilings, Blinds, Four sided Cementious Lap Siding, Farm House Style Exterior, Large Family Room, Modern Wood-Look Laminate Flooring in main living areas.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jul 31, 2026 | Sold | ||
| Sold | |||
| Jul 4, 2026 | In contract | - | |
| In contract | |||
| Jul 3, 2026 | Relisted | $525,000 | |
| Relisted | |||
| Jun 15, 2026 | In contract | - | |
| In contract | |||
| Apr 21, 2026 | Price Decreased |
$525,000
↓ $5K
(0.9%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017