12230 Flaxen Drive
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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 |
|---|---|---|---|
| Mar 1, 2024 | Sold | ||
| Sold | |||
| Feb 6, 2024 | In contract | - | |
| In contract | |||
| Jan 30, 2024 | Listed by RE/MAX Grand | $269,000 | |
| Listed by RE/MAX Grand | |||
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GREAT LOCATION!! and lots of renovations in this 3 bedrooms 2 bath home in STEEPLECHASE, New cabinets in kitchen & bathrooms, new kitchen appliances, new bathtubs, sinks & toilets, new tile, new ceiling fans and lighting fixtures, recent double pan windows and back patio sliding door, new paint inside and out, new grass, new epoxy paint in garage. Great location, 20 mi to Airport, 20 mi to Downtown, Close to Beltway 8, Hwy 290 & FM 1960
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017