703 Palm Grove Circle
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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 10, 2021 | Sold | ||
| Sold | |||
| Jun 10, 2021 | Listed by RE/MAX Fine Properties | $395,000 | |
| Listed by RE/MAX Fine Properties | |||
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Nestled perfectly at the end of a cul-de-sac and offering a lot size over 19,000 sq.ft, this charming home encompassed by mature trees is in the heart of Sugarmill. A beautiful, renovated kitchen awaits your inner chef, offering stainless steel appliances & granite countertops. Enjoy multiple, light-filled formal and informal gathering spaces. The spacious main areas provide an open space perfect for hosting friends & family. The primary suite and a highly desired secondary bedroom are located on the main floor. The primary retreat provides scenic natures views, walk in shower with glass enclosure and dual shower heads, double vanity sinks, and a spacious walk in closet. Upstairs amenities include media room and two additional bedrooms. Side by side 3 car garage, shed and additional bonus room in the back of the garage offer an abundance of storage. Located minutes from Sugar Land Town Center this home will not last long!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017