81
Map
7920 Palencia Way
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 29, 2025 | Sold | ||
| Sold | |||
| Jul 29, 2025 | In contract | - | |
| In contract | |||
| Jul 15, 2025 | Listed by William Raveis Real Estate | $1,750,000 | |
| Listed by William Raveis Real Estate | |||
| Apr 5, 2024 | Sold | ||
| Sold | |||
| Sep 14, 2023 | Listed by Lang Realty/ BR | $1,050,000 | |
| Listed by Lang Realty/ BR | |||
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Fabulous open floor plan home with 3 bedrooms, 3 baths plus office. (Which was converted into an enormous walk in closet with custom fitted wood cabinetry). Special features include wood plank flooring, new roof, water filtration system, crown moldings, 3 zones of a/c, central vac, and wet bar. Other features include air conditioned garage with epoxy flooring. Plus a/c storage & custom shelving, full house generator, outside landscape lighting, oversized patio with large pool & heated spa. All overlooking a beautiful golf course. Sports equity membership .
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About Addison Reserve
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$3,900 /mo
- 3 Beds
- 2 Baths
- 1,100 ft²
$4,200 /mo
- 2 Beds
- 2 Baths
- 1,344 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017