120 Inverness Drive
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%.
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 10, 2023 | Sold | ||
| Sold | |||
| Oct 13, 2022 | Listed by Monument Realty | $535,000 | |
| Listed by Monument Realty | |||
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Stunning updated one story located in the heart of Trophy club. Darling home that has classic charm blended with modern upgraded features. The formal dining and main living space greet you like a breath of fresh air when you enter. The living room has a beautiful brick wood burning fireplace with built in shelves framing both sides. The kitchen has white shaker cabinets with granite counters, stainless steel appliances and is open to the breakfast nook and additional living space. Wood like floors offer a clean consistent look throughout the main areas. The sun room offers so many options as an office, play area or workout room or just a place to relax. Primary bedroom is oversized with a large en suite bathroom that boasts a garden bathtub, granite counters and two individual closets. The outdoor space is well manicured and offers an exposed patio area, grassy areas and many tall mature trees. This home is truly gorgeous.
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| Dec 2, 2019 | Sold | ||
| Sold | |||
| Oct 29, 2019 | Listed by Trophy, REALTORS | $374,900 | |
| Listed by Trophy, REALTORS | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017