824 Palmer Road #2E
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 |
|---|---|---|---|
| Jul 1, 2025 | Sold | ||
| Sold | |||
| Apr 17, 2025 | In contract | - | |
| In contract | |||
| Mar 17, 2025 | Listed by Karten Real Estate Svcs LLC | $455,000 | |
| Listed by Karten Real Estate Svcs LLC | |||
| |||
|
Welcome to 824 Palmer Road, a charming Cooperative home located in the heart of Bronxville, NY. This historic property was built in 1940 and boasts timeless character and charm. As you step inside, you will be greeted by a cozy living space that exudes warmth and comfort. The natural light floods the room, creating a bright and inviting atmosphere. The open layout of the living room and dining area seamlessly flows into the kitchen, making it perfect for entertaining guests or enjoying a quiet night in. The herringbone wood flooring is natural white oak, giving both a traditional and modern feel. The kitchen is equipped with modern appliances, ample cabinet space, and a breakfast bar for casual dining. Whether you are a seasoned chef or just enjoy cooking the occasional meal, this kitchen has everything you need to whip up delicious dishes. This 2 bedroom apartment is spacious and offers a peaceful retreat at the end of a long day. The large windows allow for plenty of natural light to fill the rooms, creating a serene ambiance. The bathroom is sleek and modern, featuring a vanity, tub, and shower combination. The apartment features ample closet space in each bedroom and throughout the full living area.824 Palmer Road also includes access to shared amenities such as a landscaped courtyard and laundry facilities. The building is well-maintained and offers a sense of community for residents. Outside, you will find a beautifully landscaped lot and outdoor parking for residents. The property is conveniently located near local shops, restaurants, and public transportation, making it easy to explore all that Bronxville has to offer. Overall, 824 Palmer Road is a wonderful place to call home. With its historic charm, modern amenities, and convenient location, this Cooperative property has everything you need for comfortable and stylish living. Don't miss out on the opportunity to make this your new home.
| |||
| Jun 26, 2014 | Sold | ||
| Sold | |||
| Sep 30, 2013 | Listed by Bronxville-Ley Real Estate LLC | $175,000 | |
| Listed by Bronxville-Ley Real Estate LLC | |||
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