104 Backstretch Lane
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 28, 2020 | Sold | ||
| Sold | |||
| Dec 12, 2019 | Listed by Keller Williams Realty | $499,900 | |
| Listed by Keller Williams Realty | |||
| Jan 2, 2019 | No longer available | - | |
| No longer available | |||
| Sep 18, 2018 | Listed | $499,900 | |
| Listed | |||
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Yes, YOU can have it ALL with this GORGEOUS, custom built by Maverick Homes, original owner home on an ACRE in Legacy Pointe within ALEDO ISD! Tons of custom landscaping, trees, lighting, GAZEBO, fire pit, 2 covered outdoor liv spaces, fencing, outdoor CABANA with bathroom & 2 storage spaces, outdoor KITCHEN with fridge, grill & flagstone countertop. Outdoor TV cabinet & extended patio. BEAUTIFUL custom built SALTWATER POOL with beach entry, in pool seating, WATERFALL, lighting & water features ALL on a remote control with timers. AMAZING vista views from rear windows & backyard. Water softener, RO system at kit sink & fridge line. Pool table, work bench & cabs convey with purchase. The manager has listed the unit size as 3408 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017