1157 Flamingo Road
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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.
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 |
|---|---|---|---|
| Jul 6, 2023 | Sold | ||
| Sold | |||
| Jun 1, 2023 | Listed by eXp Realty LLC | $499,000 | |
| Listed by eXp Realty LLC | |||
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Don't miss this impeccably maintained home in the Grayhawk subdivision of Forney! This 2-story home offers 4 beds, 4 baths, plus den & loft.
Inside, an open floorplan & versatile office space-5th bedrm. 3 lg beds upstairs with jack & jill bath & extra living space. The exquisite eat-in kitchen features a walk-in pantry & breakfast nook. The ground-floor primary bed boasts a spacious layout, huge bath, & walk-in closet. Lg laundry rm connects to 3-car gar. The open floor plan has 20' ceilings, flooding the space with natural light. Floor-to-ceiling windows w-Custom Roman electric shades offer privacy, & an electric fireplace adds ambiance. The expansive backyard features raised garden beds & lg covered patio, with a built-in kitchen & grill. Enjoy uninterrupted views of Texas sunsets. Community playground & pool
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| Jun 22, 2021 | Sold | ||
| Sold | |||
| Dec 2, 2020 | Listed by Jagjit Singh | $431,000 | |
| Listed by Jagjit Singh | |||
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Ask about our MEGAsale promotion of 6 months mortgage on us. Megatel Homes will credit the first 6 months of your new mortgage payment. See your community sales consultant for full details. MEGAsale is available for a limited time only. Mortgage payment refers to principal and interest only. Additional restrictions apply. Megatel Homes reserves the right to change or cancel the program at any time.
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Last Updated: 6 months ago
Data Source: NTREIS MLS, MLS# 14479393
Details provided by NTREIS and may not match the public record
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017