786 Palmer Road #2D
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 |
|---|---|---|---|
| Oct 24, 2017 | Sold | ||
| Sold | |||
| Nov 2, 2016 | Listed by Houlihan Lawrence Inc. | $139,500 | |
| 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 |
|---|---|---|---|---|---|---|---|
|
03/21/2024
|
1 Bed
|
1 Bath
|
850 ft²
|
$250,000
1 Bed
1 Bath
850 ft²
|
$301,000
+20.40%
08/19/2024
|
John Rota
Keller Williams Realty Group
| |
|
01/12/2023
|
1 Bed
|
1 Bath
|
-
|
$249,000
1 Bed
1 Bath
|
-
-
|
Leslie Corcoran
Houlihan Lawrence Inc.
| |
|
06/02/2022
|
1 Bed
|
1 Bath
|
-
|
$240,000
1 Bed
1 Bath
|
-
-
|
Michael Crandall
William Raveis Real Estate
| |
|
04/21/2021
|
2 Bed
|
1 Bath
|
-
|
$309,995
2 Bed
1 Bath
|
$295,000
-4.84%
07/01/2021
|
Valon Nikci
Link NY Realty
| |
|
06/11/2020
|
2 Bed
|
1 Bath
|
-
|
$279,000
2 Bed
1 Bath
|
$274,000
-1.79%
03/02/2021
|
Brian Egli
Westchester Choice Realty, Inc
| |
|
04/11/2020
|
2 Bed
|
1 Bath
|
1000 ft²
|
$319,995
2 Bed
1 Bath
1000 ft²
|
-
-
|
Valon Nikci
Link NY Realty
| |
|
03/16/2020
|
1 Bed
|
1 Bath
|
800 ft²
|
$229,000
1 Bed
1 Bath
800 ft²
|
$244,000
+6.55%
06/19/2020
|
Ryan Delaney
Houlihan Lawrence Inc.
| |
|
07/31/2017
|
2 Bed
|
1 Bath
|
1000 ft²
|
$255,000
2 Bed
1 Bath
1000 ft²
|
$251,250
-1.47%
11/21/2017
|
Nancy Beers-Nix
Julia B Fee Sothebys Int. Rlty
| |
|
11/02/2016
|
1 Bed
|
1 Bath
|
800 ft²
|
$139,500
1 Bed
1 Bath
800 ft²
|
$140,000
+0.36%
10/24/2017
|
Valmarie Zorila
Compass Greater NY, LLC
| |
|
06/11/2014
|
2 Bed
|
1 Bath
|
1031 ft²
|
$239,000
2 Bed
1 Bath
1031 ft²
|
$225,000
-5.86%
12/30/2014
|
Michael F. Levy
Ed Ryan Real Estate Group
| |
|
07/09/2012
|
2 Bed
|
1 Bath
|
1000 ft²
|
$244,900
2 Bed
1 Bath
1000 ft²
|
$230,000
-6.08%
06/14/2013
|
Gino Bello
Houlihan Lawrence Inc.
| |
|
06/02/2012
|
1 Bed
|
1 Bath
|
875 ft²
|
$235,000
1 Bed
1 Bath
875 ft²
|
$235,000
06/13/2013
|
Rene D. Wolfer
Coldwell Banker Res Brokerage
|
Building Info
About Lawrence Park
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$3,800 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017