66 THATCH PALM STREET W
About This Property
INTERIOR:
This recently remodeled two-bedroom, two-bath split-plan home offers a bright, comfortable layout with an open floor plan that creates an easy flow throughout the main living spaces. New laminate flooring installed in 2025 enhances the interior, while both bathrooms feature new vinyl plank flooring added in 2025. The kitchen is both attractive and functional with light-colored cabinetry, a center island providing additional cabinet storage, and a breakfast bar perfect for casual meals or visiting with guests. Nearby, the dining area includes two built-in cabinets for convenient storage. The home offers two spacious living areas, providing flexibility for relaxing or entertaining, with one space easily accommodating overnight stays for visiting family and friends. A sliding door leads to the rear bedroom, which features a walk-in closet and a private en suite bath updated in 2025 with a new vanity, shower and tub surround, and new faucets. At the front of the home, the second bedroom also enjoys its own en suite remodeled bath, complete with a new vanity, new shower surround, and updated faucets. The interior has been freshly painted in 2025 with tasteful, neutral colors, and new windows were installed in both bedrooms in 2025, adding comfort and efficiency. A new A/C unit installed in 2021 provides peace of mind, and a small amount of furnishings will remain, making this a lovely move-in-ready home-simply bring along your own furnishings and decorative touches to make it uniquely yours.
EXTERIOR:
The exterior of this home is neat, clean, and well cared for, featuring attractive white aluminum and vinyl siding accented by classic black shutters that give the property a crisp, welcoming look. Recent improvements add even more value, including a large new shed installed in 2025 that provides excellent storage and includes washer and dryer hookups along with a new water heater installed in 2023. The brand-new carport added in 2025 offers convenient covered parking, while the driveway comfortably accommodates two vehicles. Additional updates include a main water shut-off installed in 2024, offering extra peace of mind. With all of these wonderful features, this property is handsomely priced at just $79,500, including the share. Call today for a private showing-homes in this price range are selling quickly!
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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%.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017