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970 Palm Brook 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 |
|---|---|---|---|
| Feb 28, 2025 | Sold | ||
| Sold | |||
| Jan 14, 2025 | In contract | - | |
| In contract | |||
| Jan 4, 2025 | Price Decreased |
$650,000
↓ $25K
(3.7%) | |
| Price Decreased | |||
| Nov 8, 2024 | Listed by RE/MAX Solutions | $675,000 | |
| Listed by RE/MAX Solutions | |||
| |||
|
Large Amazing price reduction!!!! $25,000!!!Welcome to Spanish Cove in Suntree!!This home features three bedrooms plus a loft on the second level which has been refurbished as well as gorgeous staircase. loft is also air conditioned. Home has a circular driveway and a two car oversized garage. Kitchen is large open and airy overlooking the family room. All bathrooms have been redone.
Kitchen is new with top of the line appliances. Gas stove. The floors in the entire home are plank vinyl and amazing tile in the large entry way. Off the kitchen there is a
half bath and a safe room, laundry room and loads of storage. The master is oversized with two walk-in closets and new bath with shower. The other two bedrooms are large and share a redone bathroom with tub. The Roof is tile. Home has both Gas and Electric.
| |||
| Sep 22, 2021 | Sold | ||
| Sold | |||
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About Spanish Cove
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$2,600 /mo
- 3 Beds
- 2 Baths
- 1,981 ft²
$2,600 /mo
- 3 Beds
- 2 Baths
- 1,811 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017