1032 Balmoral Trace
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 |
|---|---|---|---|
| Apr 25, 2025 | Sold | ||
| Sold | |||
| Feb 14, 2025 | In contract | - | |
| In contract | |||
| Dec 23, 2024 | Price Increased |
$474,900
↑ $12K
(2.6%) | |
| Price Increased | |||
| Dec 1, 2024 | Listed by Coldwell Banker Realty | $463,000 | |
| Listed by Coldwell Banker Realty | |||
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New roof in process! Be Impressed! The minute you walk to the front door you start to see the upgrades. The impact glass front door allows natural light into the home. When you open the door, you are viewing the engineered wood flooring that is throughout the home. Starting in the kitchen you can see the granite counters and SS appliances. Granite counters are also throughout the home starting in the laundry room, kitchen, and bathrooms. Speaking of the bathrooms, the showers have been remodeled and the standard toilets replaced with Toto toilets. Take a look at the VIEW! You have lake and golf course views from the tile floored patio and epoxy coated screened lanai flooring. The home also has complete accordion storm shutters. New AC installed on 12/4/24. Garage floor has been coated and new cabinets installed and the garage door is hurricane proof! Are you IMPRESSED?
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| May 24, 2013 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017