11540 Trailway Drive
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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%.
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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.
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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 |
|---|---|---|---|
| Aug 17, 2017 | Sold | ||
| Sold | |||
| Jul 9, 2017 | Listed | $519,900 | |
| Listed | |||
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Beautiful 2-story Pool home located in the highly sought after Riverwalk Palisades gated community. This home features 4 bedrooms and 3.5 baths. The Master bedroom and 2 other rooms are located downstairs and the loft with built-in desk/cabinet and a large bedroom and full bath are upstairs.Custom front double door glass entry, wanes coating in Living Room and Sun Room, crown moulding in formal dining room and Master bedroom with custom wardrobe closet and a built-in ironing board. The home boasts a Gourmet Kitchen with granite countertops, double oven and gas stove top, water softener and a fireplace in the large family room. The french doors leads to inside of the Sun Room. Custom paint throughout and in the garage with built-in cabinets. Surround speakers up and downstairs. This home is in the prestigious River Walk community and offers playgrounds and BBQ areas to share. Close to shopping, schools, shoppingThe manager has listed the unit size as 3564 square feet.
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| Jun 3, 2017 | Listed by Re/Max Partners | $519,900 | |
| Listed by Re/Max Partners | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017