766 Palmer Road #2E
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 12, 2023 | Sold | ||
| Sold | |||
| May 3, 2023 | In contract | - | |
| In contract | |||
| Apr 7, 2023 | Listed by BHG Real Estate Choice Realty | $275,000 | |
| Listed by BHG Real Estate Choice Realty | |||
| | |||
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Situated in a lovely park-like setting, this updated 2-bedroom, 1-bath co-op offers garden-style living within a 15-minute stroll from downtown Bronxville and its Metro North station, where a train can get you into NYC in 32 minutes. Features include high ceilings with beautiful beams and moldings and hardwood floors. The windowed eat-in kitchen has stainless-steel appliances, blue pearl granite countertops, white cabinets, and a private door leading to the laundry room and parking garage in the basement. The dining area is big enough to serve up to eight people. The living room has lighted built-ins and a custom electric fireplace. The main bedroom, hall bath and a second bedroom (or home office) are connected by a dressing room with a wall of closets. Sunnybrook Gardens offers immediate outdoor parking for $35/month. Along with Bronxville's charming downtown shops and restaurants, nearby attractions include Sarah Lawrence College and scenic hiking/biking trails along the Bronx River. Additional Information: Amenities:Dressing Area,Storage,Windowed Bath,Windowed Kitchen,HeatingFuel:Oil Above Ground,
| |||
| Apr 18, 2019 | Sold | ||
| Sold | |||
| Jan 19, 2019 | Listed by Houlihan Lawrence Inc. | $295,000 | |
| Listed by Houlihan Lawrence Inc. | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/07/2023
|
2 Bed
|
1 Bath
|
1100 ft²
|
$275,000
2 Bed
1 Bath
1100 ft²
|
$277,000
+0.73%
07/12/2023
|
Brian Egli
Westchester Choice Realty, Inc
| |
|
01/19/2019
|
2 Bed
|
1 Bath
|
1000 ft²
|
$295,000
2 Bed
1 Bath
1000 ft²
|
$290,000
-1.69%
04/18/2019
|
Marcia Minassian
Houlihan Lawrence Inc.
| |
|
01/07/2019
|
1 Bed
|
1 Bath
|
-
|
$209,000
1 Bed
1 Bath
|
$219,000
+4.78%
11/20/2019
|
Raymond E. Inello
Houlihan & O'Malley R. E. Serv
| |
|
07/22/2016
|
2 Bed
|
1 Bath
|
993 ft²
|
$259,000
2 Bed
1 Bath
993 ft²
|
$265,000
+2.32%
11/03/2016
|
Julia Ricciuti
RE/MAX Prime Properties
| |
|
01/09/2013
|
2 Bed
|
1 Bath
|
1200 ft²
|
$269,450
2 Bed
1 Bath
1200 ft²
|
$260,000
-3.51%
06/12/2013
|
Rene D. Wolfer
Coldwell Banker Res Brokerage
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017