1111 Verde Trails 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 |
|---|---|---|---|
| Sep 5, 2026 | Price Decreased |
$169,900
↓ $5K
(2.9%) | |
| Price Decreased | |||
| Aug 1, 2026 | Price Decreased |
$174,900
↓ $15K
(7.9%) | |
| Price Decreased | |||
| Jun 19, 2026 | Listed by 1st Texas, Realtors | $189,900 | |
| Listed by 1st Texas, Realtors | |||
| Mar 8, 2025 | Withdrawn | - | |
| Withdrawn | |||
| Feb 23, 2025 | Listed by eXp Realty LLC | $188,000 | |
| Listed by eXp Realty LLC | |||
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Introducing a charming startup home that perfectly balances comfort and convenience, this delightful property features three spacious bedrooms and two full bathrooms, making it ideal for families or young professionals. Nestled in a friendly neighborhood, it's strategically located near major highways, ensuring easy access to nearby amenities and attractions. With a warm and inviting atmosphere, this home is ready to welcome you with open arms, providing a perfect retreat for everyday living. Whether you're starting your journey or looking for an investment, this home offers both potential and practicality.
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About Harris
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017