695 Palmer Road
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 |
|---|---|---|---|
| Apr 24, 2025 | Sold | ||
| Sold | |||
| Mar 6, 2025 | In contract | - | |
| In contract | |||
| Jan 6, 2025 | Listed by BHHS Vermont Realty Group/S Burlington | $831,500 | |
| Listed by BHHS Vermont Realty Group/S Burlington | |||
| Jul 28, 2017 | Sold | ||
| Sold | |||
| Apr 5, 2017 | Listed by BHHS Vermont Realty Group/S Burlington | $499,000 | |
| Listed by BHHS Vermont Realty Group/S Burlington | |||
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4 Bedroom 4 Bathroom Contemporary. Big kitchen has a large island with granite tops, lots of cupboard space and breakfast nook with a propane fireplace. Formal dining room for your holiday dinners, Great room has a cathedral ceiling and field stone wood burning fireplace. Family room, 1st floor laundry, mudroom and foyer complete the first floor. Master bedroom with sitting area and balcony master bathroom with tiled shower and soaking tub. Walkout finished basement with lots on natural light, Utility room with high efficiency buderus furnace, first floor and basement have radiant heat and baseboard hot water on second floor, 200 amp service with generator. Large screened in porch, heated attached 2 car over sized garage, barn with heat and water, 17ac of field and woods are nicely land scape with lots of perennials in the perfect country setting once known as the Old Mountain Orchard. TOWN HAS PROPERTY ASSESSED FOR A 3 BEDROOM 3 BATHROOM. IT IS CURRENTLY A 4 BEDROOM 4 BATHROOM AND IT HAS BEEN THAT WAY PRIOR TO 2007
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017