9219 Palm Shores Drive
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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 |
|---|---|---|---|
| Dec 19, 2023 | Sold | ||
| Sold | |||
| May 30, 2023 | Listed by Clay Property | $297,000 | |
| Listed by Clay Property | |||
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Recently remodeled home in Colony Creek Village! Downstairs has wood-like tile throughout and quartz countertops in the kitchen. The kitchen is open to the living area and has views of the backyard. Half bath is located off of the living area. Upstairs you will find 4 large bedrooms with 2 full baths. Neighborhood pool and tennis courts are within walking distance. Zone to Klein school district.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017