858 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 |
|---|---|---|---|
| Jan 1, 2023 | No longer available | - | |
| No longer available | |||
| Jul 7, 2022 | Listed by Link NY Realty | $199,999 | |
| Listed by Link NY Realty | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/16/2025
|
2 Bed
|
1 Bath
|
1000 ft²
|
$380,000
2 Bed
1 Bath
1000 ft²
|
$370,000
-2.63%
07/28/2025
|
Mark Karten PSA SRS
Karten Real Estate Svcs LLC
| |
|
07/07/2022
|
1 Bed
|
1 Bath
|
-
|
$199,999
1 Bed
1 Bath
|
-
-
|
Michael J. Venuto
Link NY Realty
| |
|
07/06/2020
|
1 Bed
|
1 Bath
|
-
|
$269,000
1 Bed
1 Bath
|
$260,000
-3.35%
01/07/2021
|
Kieran Dwyer
Double C Realty
| |
|
06/23/2017
|
2 Bed
|
1 Bath
|
1000 ft²
|
$249,000
2 Bed
1 Bath
1000 ft²
|
$235,000
-5.62%
09/28/2017
|
Leslie Corcoran
Houlihan Lawrence Inc.
| |
|
09/09/2015
|
1 Bed
|
1 Bath
|
850 ft²
|
$184,999
1 Bed
1 Bath
850 ft²
|
$182,000
-1.62%
02/03/2016
|
Suzanne Welch
Coldwell Banker Res Brokerage
| |
|
11/12/2014
|
2 Bed
|
1 Bath
|
975 ft²
|
$215,000
2 Bed
1 Bath
975 ft²
|
$199,000
-7.44%
04/21/2015
|
Leslie Corcoran
Houlihan Lawrence Inc.
| |
|
06/17/2013
|
2 Bed
|
1 Bath
|
1000 ft²
|
$244,000
2 Bed
1 Bath
1000 ft²
|
$230,000
-5.74%
07/15/2014
|
Robert Santa Morena
Keller Williams Realty Group
|
Building Info
About Lawrence Park
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Data Source: OneKey MLS
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017