46
Map
7912 Palencia Way Way
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 |
|---|---|---|---|
| Dec 23, 2020 | Sold | ||
| Sold | |||
| Sep 30, 2020 | Listed by Signature International Real E | $599,000 | |
| Listed by Signature International Real E | |||
| Jul 30, 2017 | Listed | $799,000 | |
| Listed | |||
| | |||
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This Lovely 3BR/3.2BA+Hardwood Built-In Office has 3543 SF under air. Walk Through Etched Double Glass Doors into a 21' High Entranceway. The Separate Formal Living Room & Dining Room have Window Treatments/Volume Ceilings/Beveled Mirror/Granite Serving Ledge. The Built-In Hardwood Office has Coffer Ceiling/Window Treatments/Wood Flooring. The Open Kitchen has Quartz Counter Tops/Double Wall Ovens/Window Treatments/Quartz Island. The Open Family Room is where the Dinette Area is located/Granite Wet Bar/Entertainment Unit/Window Treatments/Glass Sliders to Oversized Salt-Water Pool/Spa/ & Oversized Patio. Oversized Master Suite w/Sitting Area & Marble Master Bath. Also Available are Central Vac/Accordion Hurricane Shutters/All Custom Closets/Engineered Wood Flooring in Guest BRs.The manager has listed the unit size as 3543 square feet.
| |||
| Aug 22, 2014 | Sold | ||
| Sold | |||
| Mar 22, 2014 | Listed by Signature International Real E | $599,000 | |
| Listed by Signature International Real E | |||
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About Addison Reserve
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017