21
Map
824 Palmer Road #2D
About This Property
Listed By
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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 |
|---|---|---|---|
| Aug 29, 2026 | In contract | - | |
| In contract | |||
| Jul 31, 2026 | Price Decreased |
$234,999
↓ $15K
(6%) | |
| Price Decreased | |||
| Jun 2, 2026 | Listed by Link NY Realty | $249,999 | |
| Listed by Link NY Realty | |||
| May 31, 2026 | No longer available | - | |
| No longer available | |||
| May 16, 2026 | Relisted | $250,000 | |
| Relisted | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
11/28/2025
|
1 Bed
|
1 Bath
|
800 ft²
|
$269,900
1 Bed
1 Bath
800 ft²
|
-
-
|
Sherry L. Wiggs
Howard Hanna Rand Realty
| |
|
10/16/2025
|
1 Bed
|
1 Bath
|
850 ft²
|
$299,000
1 Bed
1 Bath
850 ft²
|
$292,500
-2.17%
04/07/2026
|
Amy Dmytryshyn
Park Sterling Realty
| |
|
03/17/2025
|
2 Bed
|
1 Bath
|
1000 ft²
|
$455,000
2 Bed
1 Bath
1000 ft²
|
$450,000
-1.10%
07/01/2025
|
Mark Karten PSA SRS
Karten Real Estate Svcs LLC
| |
|
08/30/2022
|
2 Bed
|
1 Bath
|
-
|
$299,000
2 Bed
1 Bath
|
-
-
|
Vincent Caiola
Houlihan Lawrence Inc.
| |
|
05/19/2021
|
1 Bed
|
1 Bath
|
-
|
$259,000
1 Bed
1 Bath
|
$266,000
+2.70%
08/17/2021
|
Daria Kelty
Houlihan Lawrence Inc.
| |
|
05/09/2018
|
2 Bed
|
1 Bath
|
950 ft²
|
$299,000
2 Bed
1 Bath
950 ft²
|
$280,000
-6.35%
11/09/2018
|
Leslie Corcoran
Houlihan Lawrence Inc.
| |
|
09/30/2013
|
2 Bed
|
1 Bath
|
1000 ft²
|
$175,000
2 Bed
1 Bath
1000 ft²
|
$160,000
-8.57%
06/26/2014
|
Carol Conway
Park Sterling Realty
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017