1015 Luke Drive
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 |
|---|---|---|---|
| Nov 20, 2023 | Sold | ||
| Sold | |||
| Oct 12, 2023 | Listed by Keller Williams Realty - Clear Lake/ NASA | $295,000 | |
| Listed by Keller Williams Realty - Clear Lake/ NASA | |||
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Spacious and updated 4-bedroom, 2-bathroom home located in the Forest Heights subdivision on an oversized lot. The home features an open concept floor plan, abundance of updates and architectural details throughout, including trey ceilings, crown molding, high ceilings, and a gas fireplace. Upon entering the home, you are greeted by a formal dining room that opens to the kitchen. The updated kitchen features stainless steel appliances and plenty of counter and cabinet space. The large living area features a gas fireplace and is the perfect place to relax and entertain guests. The primary bedroom is large and has its own private bathroom with a soaking tub, separate shower, and dual sinks. The three other bedrooms are also spacious and share a full bathroom. The backyard is large and private, with a covered patio and plenty of space for outdoor activities. *Make sure to look at the feature/update sheet that is attached.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017