11317 Ocean Road
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 |
|---|---|---|---|
| Jun 4, 2021 | Sold | ||
| Sold | |||
| Apr 26, 2021 | Listed by Berkshire HathawayHS PenFed TX | $374,900 | |
| Listed by Berkshire HathawayHS PenFed TX | |||
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Amazing opportunity in Preston Lakes! This incredible home backs to the serene water canal and offers 3 bedrooms and 2.5 bathrooms. Spacious living room is open to the kitchen and features a wood-burning fireplace and a wall of window that filters in soft natural light. Dreamy kitchen is updated and offers stainless steel appliances, granite counters, and designer color custom cabinets. Upstairs you will find the calming primary bedroom with ensuite bath that offers dual sinks, a deep soaking tub, and a large walk-in closet. Step out on the back patio and enjoy the sun-kissed backyard with a peaceful view of the canal and ducks swimming by. Great location by schools, parks, golf courses, shopping, and dining.
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About Preston Lakes
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$7,500 /mo
- 4 Beds
- 3 Baths
- 3,218 ft²
$2,900 /mo
- 4 Beds
- 2 Baths
- 2,219 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017