10718 Lake Thomas Drive
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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 |
|---|---|---|---|
| May 14, 2021 | Sold | ||
| Sold | |||
| Apr 3, 2021 | Listed by Mills Family Realty | $399,000 | |
| Listed by Mills Family Realty | |||
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Roomy and Efficient Floor Plan with 2 Story High Living Room, Open Kitchen and Breakfast area, Formal Dining, Extra Sun Room, Office Study that could be converted to 5th bedroom (second) downstairs. Primary Bedroom downstairs with large closet AND Nursery bonus room. 3 beds 2baths up with Game and Media Rooms. This home is priced for quick sale with some cosmetic touch ups needed. Mechanical and Structure in good order. Home built in 2017. Ask about the Solar Panels that come with the home helping electricity costs.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017