1214 Prairie LANE
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 |
|---|---|---|---|
| Jun 20, 2024 | Sold | ||
| Sold | |||
| Jun 4, 2024 | In contract | - | |
| In contract | |||
| Mar 13, 2024 | Relisted | $299,999 | |
| Relisted | |||
| Mar 1, 2024 | In contract | - | |
| In contract | |||
| Jan 27, 2024 | Listed by COLDWELL BANKER REALTY | $299,999 | |
| Listed by COLDWELL BANKER REALTY | |||
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This property in Apopka is an ideal investment opportunity or a great option for a starter home. Situated on a 1/4-acre lot, the property is strategically positioned between major roadways, providing easy commuting access. The house is a 3-bedroom, 2-bathroom dwelling with a convenient and appealing layout. The property boasts a newer roof, replaced in 2021, along with new insulation and energy-efficient windows. These upgrades contribute to improved energy efficiency and overall comfort. Upon arrival, you're greeted by a quaint covered breezeway patio. A fully fenced yard offers privacy and security. The screened patio is accessible through French Doors from the remodeled kitchen, providing a comfortable outdoor space. Inside, the open floor concept is complemented by newer laminate flooring. The kitchen is a standout feature with granite countertops, recessed lighting, a breakfast bar, and a breakfast nook. The primary bedroom, with beautiful laminate flooring, includes a private en-suite bathroom with a single vanity and shower stall. The property includes a spacious inside utility room, conveniently located off the breakfast nook. The convenient split floor plan places the primary bedroom separately from the other two bedrooms, providing privacy and a practical layout. The other two bedrooms, also featuring laminate flooring, share a full bathroom with a granite vanity countertop and a shower/tub combo.The property includes a 1-car attached garage, adding convenience and storage options. Don't this miss this opportunity!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017