89 Palmer Rd
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 |
|---|---|---|---|
| May 4, 2018 | Sold | ||
| Sold | |||
| Sep 1, 2017 | Listed by Robert L. Goulart | $325,000 | |
| Listed by Robert L. Goulart | |||
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Tremendous opportunity in sought after Plympton. Solid 2 bedroom ranch offers one level living with much of the original wood flooring, knotty pine cabinet kitchen, fireplaced living room, spacious entry hall/mud room, and huge family room w/access to rear deck. Attached one-car garage w/newly replaced door and lots of built in storage. Property also features out building perfect for storage shed/workshop. 3.75 acre lot offers unlimited possibilities with 300 feet of frontage on rt 58. Home needs updating throughout and may not qualify for all types of financing.Check with town for potential business uses. Adjacent 1.49 acre lot [0 Palmer Map 11 Block 2 Lot 9UA] sold as a package.
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| Jan 14, 2004 | Sold | ||
| Sold | |||
| Sep 26, 2003 | Listed by Century 21 Classic Gold Realty | $329,900 | |
| Listed by Century 21 Classic Gold Realty | |||
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Address: 335 Madison Avenue, New York, NY 10017