811 Palmer Road #3E
About This Property
The manager has listed the unit size as 1500 square feet.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Dec 11, 2023 | Sold | ||
| Sold | |||
| Aug 24, 2023 | In contract | - | |
| In contract | |||
| Aug 4, 2023 | Listed | $339,000 | |
| Listed | |||
| Oct 13, 2021 | No longer available | - | |
| No longer available | |||
| Jul 3, 2021 | Relisted | $349,000 | |
| Relisted | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/17/2025
|
1 Bed
|
1 Bath
|
800 ft²
|
$160,000
1 Bed
1 Bath
800 ft²
|
$168,000
+5.00%
11/17/2025
|
Meng Jin Huang
eXp Realty
| |
|
09/03/2024
|
2 Bed
|
1 Bath
|
1100 ft²
|
$259,000
2 Bed
1 Bath
1100 ft²
|
$250,000
-3.47%
04/24/2025
|
Angel C. Colon
RE/MAX In the City
| |
|
08/04/2023
|
3 Bed
|
2 Bath
|
-
|
$339,000
3 Bed
2 Bath
|
$320,000
-5.60%
12/11/2023
|
Josef Muller
Julia B Fee Sothebys Int. Rlty
| |
|
04/06/2022
|
3 Bed
|
2 Bath
|
1500 ft²
|
$279,000
3 Bed
2 Bath
1500 ft²
|
$330,000
+18.28%
04/10/2023
|
Paul Tollefson
William Raveis-New York LLC
| |
|
02/21/2022
|
2 Bed
|
1 Bath
|
-
|
$269,000
2 Bed
1 Bath
|
-
-
|
Edward Walsh
ERA Insite Realty Services
| |
|
06/25/2021
|
2 Bed
|
2 Bath
|
1100 ft²
|
$275,000
2 Bed
2 Bath
1100 ft²
|
$265,000
-3.64%
03/14/2022
|
Lydia Maria Petrosino
ERA Insite Realty Services
| |
|
05/19/2021
|
3 Bed
|
2 Bath
|
1500 ft²
|
$380,000
3 Bed
2 Bath
1500 ft²
|
-
-
|
Kristina Mernaci
Keller Williams Realty Group
| |
|
03/30/2021
|
2 Bed
|
2 Bath
|
1028 ft²
|
$300,000
2 Bed
2 Bath
1028 ft²
|
-
-
|
Tim Layburn
Coldwell Banker Res Brokerage
| |
|
01/16/2021
|
2 Bed
|
1 Bath
|
1100 ft²
|
$280,000
2 Bed
1 Bath
1100 ft²
|
-
-
|
JAMAL HADI
Keller Williams Realty Group
| |
|
08/27/2020
|
2 Bed
|
1 Bath
|
-
|
$269,999
2 Bed
1 Bath
|
$269,999
12/01/2020
|
Edmond Albano
Keller Williams NY Realty
| |
|
07/23/2020
|
2 Bed
|
1 Bath
|
1100 ft²
|
$300,000
2 Bed
1 Bath
1100 ft²
|
$300,000
01/12/2021
|
Jean Tickell
BHG Rand Realty
| |
|
04/19/2019
|
2 Bed
|
1 Bath
|
1110 ft²
|
$295,000
2 Bed
1 Bath
1110 ft²
|
-
-
|
Patricia Barry
Park Sterling Realty
| |
|
03/11/2019
|
2 Bed
|
1 Bath
|
-
|
$229,000
2 Bed
1 Bath
|
$215,000
-6.11%
06/11/2020
|
Raymond E. Inello
Houlihan & O'Malley R. E. Serv
| |
|
04/07/2018
|
2 Bed
|
1 Bath
|
1200 ft²
|
$315,000
2 Bed
1 Bath
1200 ft²
|
$320,000
+1.59%
10/24/2018
|
Robert Santa Morena
Keller Williams Realty Group
| |
|
03/10/2018
|
3 Bed
|
2 Bath
|
1500 ft²
|
$253,900
3 Bed
2 Bath
1500 ft²
|
$256,000
+0.83%
08/30/2018
|
Kristina Mernaci
Keller Williams Realty Group
| |
|
02/29/2016
|
2 Bed
|
1 Bath
|
1100 ft²
|
$184,000
2 Bed
1 Bath
1100 ft²
|
$177,000
-3.80%
07/27/2016
|
John Crittenden
BHG Real Estate Choice Realty
| |
|
04/17/2013
|
2 Bed
|
1 Bath
|
1100 ft²
|
$189,900
2 Bed
1 Bath
1100 ft²
|
$185,000
-2.58%
09/26/2013
|
Pamela Heldman
Prudential Centennial Realty
| |
|
03/14/2013
|
2 Bed
|
1 Bath
|
1100 ft²
|
$179,900
2 Bed
1 Bath
1100 ft²
|
$178,000
-1.06%
12/12/2013
|
Jeffrey Landsman
BHG Rand Realty
| |
|
02/17/2012
|
3 Bed
|
2 Bath
|
1500 ft²
|
$269,000
3 Bed
2 Bath
1500 ft²
|
$240,000
-10.78%
09/21/2012
|
Edward Walsh
ERA Insite Realty Services
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017