11719 N Michael Circle
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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 |
|---|---|---|---|
| Feb 12, 2025 | Sold | ||
| Sold | |||
| Dec 28, 2024 | In contract | - | |
| In contract | |||
| Dec 11, 2024 | Listed by Realty Associates | $235,000 | |
| Listed by Realty Associates | |||
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Charming 3/2 in the well-established neighborhood of Fondren Park. Situated in a convenient location with easy access to Beltway 8 and Highway 90. This property has great potential. With 3 bedrooms and 2 bathrooms, this single-family home offers plenty of space for or an individual who likes privacy. Move in ready or design to your specific style and taste. The lot size of 6000 square feet provides ample outdoor space for entertaining or relaxing. Don't miss out on making this your home. Contact the listing agent Or Showing Smart more information today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017