118 Azalea Loop
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%.
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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 |
|---|---|---|---|
| Oct 26, 2023 | Sold | ||
| Sold | |||
| Sep 22, 2023 | No longer available | - | |
| No longer available | |||
| Sep 7, 2023 | Price Increased |
$1,195,000
↑ $45K
(3.9%) | |
| Price Increased | |||
| Jul 6, 2023 | Price Decreased |
$1,150,000
↓ $100K
(8%) | |
| Price Decreased | |||
| Jun 6, 2023 | Listed by Douglas Elliman Real Estate | $1,250,000 | |
| Listed by Douglas Elliman Real Estate | |||
| | |||
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Enjoy resort style living in this well-appointed, move-in ready new construction home backing to member exclusive and highly acclaimed Summit Rock Golf Course. Home will include a membership waiver at the highest level to the Club at Horseshoe Bay upon application and approval. The club offers exclusive golf privileges to some of the very best courses in the nation, spa, fitness facility, restaurants and social activities. The manager has listed the unit size as 3477 square feet.
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Property Highlights
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About Horseshoe Bay
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$4,750 /mo
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$1,700 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017