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7231 Palisade Dr
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 |
|---|---|---|---|
| Sep 16, 2026 | No longer available | - | |
| No longer available | |||
| Aug 19, 2026 | Listed | $635,000 | |
| Listed | |||
| Oct 31, 2024 | Sold | ||
| Sold | |||
| Oct 3, 2024 | In contract | - | |
| In contract | |||
| Sep 12, 2024 | Listed by RE/MAX Alliance | $574,900 | |
| Listed by RE/MAX Alliance | |||
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Beautiful tri-level with basement boasts an open floor plan with soaring ceilings*The kitchen has newer modern appliances, hardwood floors and Quartzite countertops with breakfast nook overlooking the lower-level family room with cozy gas fireplace and sliding door access to backyard*The large primary bedroom features vaulted ceiling and bay window*The adjoining 5-piece bathroom with walk-in closet has a skylight flooding the space with natural light*Two secondary bedrooms are served by a full bath on the hall*The large unfinished basement houses the mechanicals and provides ample storage*Enjoy the Colorado weather on the large pergola-topped deck*Great location with neighborhood parks, schools and HR Rec Center Nearby*Easy Access to 470 and I25
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017