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506 Palmer St

Frankfort, NY 13340

3 bd 1 ba 1,456 sqft Built 1900 single_family
Most recent sale
$73,000
Dec 15, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 15, 2021 Sold $73,000 MLS #S1338428

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $40,800 $10,400 $51,200 $3,781
2024 $40,800 $10,400 $51,200 $3,653
2023 $40,800 $10,400 $51,200 $3,487
2022 $40,800 $10,400 $51,200 $3,357
2021 $40,800 $10,400 $51,200 $3,320
2020 $40,800 $10,400 $51,200 $1,943
2019 $40,800 $10,400 $51,200 $1,905
2018 $40,800 $10,400 $51,200 $1,900
2017 $40,800 $10,400 $51,200 $1,845
2016 $40,800 $10,400 $51,200 $1,820
2015 $40,800 $10,400 $51,200 $1,833
2014 $40,800 $10,400 $51,200 $1,756
2013 $40,800 $10,400 $51,200 $2,772
2012 $40,800 $10,400 $51,200 $1,318

Property facts

Year built
1900
Property type
single_family
Stories
2
Beds
3
Baths
1
Living area
1,456 sqft
Lot size
ZIP code
13340
City
Frankfort
Street
Palmer St
Coordinates
43.03174, -75.07230

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$438
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 506 Palmer St last sell?
506 Palmer St most recently sold on Dec 15, 2021 for $73,000.
What is the current tax assessment for 506 Palmer St?
The most recent total assessment for 506 Palmer St (year 2025) is $51,200 with $3,781 in property tax.
How does 506 Palmer St's assessment compare to its last sale price?
The current assessment is 29.9% below the last sale price of $73,000.
When was 506 Palmer St built?
506 Palmer St was built in 1900.
How does 506 Palmer St compare to others on Palmer St?
We track 8 other properties on Palmer St. Browse the list under "Other properties on Palmer St" to compare beds, baths, and sale history.
What are the property facts for 506 Palmer St?
506 Palmer St is a 3 bed, 1 bath, 1,456 sqft single_family.
Is 506 Palmer St a flip candidate?
No — 506 Palmer St does not appear in our flips dataset.
Is 506 Palmer St a tax-appeal candidate?
No — 506 Palmer St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+3.6%
Implied 1-yr
+14.2%
2026 Q3
$251.7K
2026 Q4
$259K
ZIP 13340 — Median Price History + Forecast

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