11919 Gardenglen Drive
About This Property
Manicured gardens with tall trees and lush lawn are first to greet you as you arrive at the address and lead you up the garden path to the double front door. Stepping inside you'll discover high ceilings with exposed wooden beams overhead, easy-care tiles in the living spaces and plush carpet in the bedrooms.
A sunken lounge room with a fireplace enjoys an abundance of natural light thanks to the large surrounding windows. The kitchen will impress those that love to cook as it features stainless steel appliances, ample cabinetry and an electric cooktop, and there is a delightful sun-drenched deck that looks out over the private and peaceful backyard.
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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 |
|---|---|---|---|
| Aug 30, 2022 | Sold | ||
| Sold | |||
| Jun 14, 2022 | Listed by Keller Williams HoustonCentral | $349,999 | |
| Listed by Keller Williams HoustonCentral | |||
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About Lakewood Forest
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Last Updated: 6 months ago
Data Source: HAR , MLS# 19172285
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017