846 Palmer Road #2C
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 |
|---|---|---|---|
| Aug 1, 2023 | Sold | ||
| Sold | |||
| May 30, 2023 | In contract | - | |
| In contract | |||
| Mar 30, 2023 | Listed by Houlihan Lawrence Inc. | $205,000 | |
| Listed by Houlihan Lawrence Inc. | |||
| Mar 30, 2023 | No longer available | - | |
| No longer available | |||
| Feb 7, 2023 | In contract | - | |
| In contract | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/16/2024
|
1 Bed
|
1 Bath
|
890 ft²
|
$265,000
1 Bed
1 Bath
890 ft²
|
$265,000
02/12/2025
|
Daria Kelty
Houlihan Lawrence Inc.
| |
|
08/19/2024
|
2 Bed
|
1 Bath
|
975 ft²
|
$245,000
2 Bed
1 Bath
975 ft²
|
$240,000
-2.04%
12/16/2024
|
Daria Kelty
Houlihan Lawrence Inc.
| |
|
11/30/2023
|
1 Bed
|
1 Bath
|
-
|
$265,000
1 Bed
1 Bath
|
$281,000
+6.04%
07/01/2024
|
Daria Kelty
Houlihan Lawrence Inc.
| |
|
03/30/2023
|
1 Bed
|
1 Bath
|
-
|
$205,000
1 Bed
1 Bath
|
$210,000
+2.44%
08/01/2023
|
Daria Kelty
Houlihan Lawrence Inc.
| |
|
09/14/2022
|
1 Bed
|
1 Bath
|
-
|
$205,000
1 Bed
1 Bath
|
-
-
|
Daria Kelty
Houlihan Lawrence Inc.
| |
|
08/21/2020
|
2 Bed
|
1 Bath
|
-
|
$295,000
2 Bed
1 Bath
|
$270,000
-8.47%
04/06/2021
|
Marlene Hershman
Coldwell Banker Realty
| |
|
03/02/2020
|
2 Bed
|
1 Bath
|
-
|
$265,000
2 Bed
1 Bath
|
$275,000
+3.77%
07/15/2020
|
Joseph Lorenzo
ERA Insite Realty Services
| |
|
04/05/2018
|
1 Bed
|
1 Bath
|
800 ft²
|
$189,000
1 Bed
1 Bath
800 ft²
|
$189,000
08/06/2018
|
Bonnie Besner
Houlihan Lawrence Inc.
| |
|
03/23/2017
|
2 Bed
|
1 Bath
|
900 ft²
|
$227,500
2 Bed
1 Bath
900 ft²
|
$216,500
-4.84%
08/23/2017
|
Craig J. Weitz
Houlihan-Parnes Properties
| |
|
10/27/2016
|
1 Bed
|
1 Bath
|
800 ft²
|
$154,900
1 Bed
1 Bath
800 ft²
|
$154,900
10/19/2017
|
Yara Annechiarico
At Home With Yara Realty
| |
|
06/15/2015
|
1 Bed
|
1 Bath
|
833 ft²
|
$187,500
1 Bed
1 Bath
833 ft²
|
$167,000
-10.93%
02/05/2016
|
David Cortez
Julia B Fee Sothebys Int. Rlty
| |
|
04/03/2012
|
2 Bed
|
1 Bath
|
975 ft²
|
$219,000
2 Bed
1 Bath
975 ft²
|
$205,000
-6.39%
11/01/2013
|
Priscilla Toomey
Julia B Fee Sothebys Int. Rlty
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017