103 Tropical 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 |
|---|---|---|---|
| Feb 14, 2024 | Sold | ||
| Sold | |||
| Jan 20, 2024 | In contract | - | |
| In contract | |||
| Oct 12, 2023 | Listed by RE/MAX Land & Homes | $298,600 | |
| Listed by RE/MAX Land & Homes | |||
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Just in time for the holiday season! It is a three bedroom, two bathroom home on .65 of an acre just on the edge of town is a great home for Christmas decor and has extra parking for all your guest. Nice big kitchen with tons of storage features silestone countertops, breakfast area and breakfast bar and open to the great room and dining. The patio was closed in perfect for sunroom, study or playroom. Spacious bedrooms and storage in this one owner home. Large fenced in back yard with mature pecan trees, workshop with porch across the front. New roof on house in 2018, new roof on workshop 2023, new HVAC system 9/2023. Culvert was added from the driveway to the edge of the property line for additional parking at the street. Schedule a viewing today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017