1021 Cashew Drive
About This Property
Relax in the private master suite with a spa-like bath and separate shower with a HUGE walk-in closet. Enjoy the convenience of a two car attached garage, with an additional 720 sq ft detached shop with electricity and lighting. Perfect for hobbies and storage. An in-ground storm shelter offers peace of mind, and being outside the city limits of Venus and NO restrictive HOA!
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Cap Rate Calculator
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 20, 2024 | Sold | ||
| Sold | |||
| Nov 9, 2024 | In contract | - | |
| In contract | |||
| Oct 15, 2024 | Price Decreased |
$485,000
↓ $5K
(0.9%) | |
| Price Decreased | |||
| Sep 20, 2024 | Price Decreased |
$489,500
↓ $11K
(2.1%) | |
| Price Decreased | |||
| Sep 13, 2024 | Listed by WinHill Advisors DFW | $500,000 | |
| Listed by WinHill Advisors DFW | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017