12707 Cobblestone 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 |
|---|---|---|---|
| Oct 31, 2024 | Sold | ||
| Sold | |||
| Oct 10, 2024 | In contract | - | |
| In contract | |||
| Sep 26, 2024 | Listed by Compass RE Texas, LLC - The Heights | $1,595,000 | |
| Listed by Compass RE Texas, LLC - The Heights | |||
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Gorgeous Fonn Villas home boasts 5 bedrooms, 4 bathrooms, and an office on a quiet cul-de-sac! Open concept kitchen has high end appliances including a Wolf gas range, built in Sub-Zero refrigerator, island, custom cabinets to the ceiling, quartz counters, walk-in pantry, and a butlers’ pantry with a beverage fridge. Entry opens to the formal dining room with plantation shutters and pocket doors open to the spacious office with built in shelving and cabinetry. Rare downstairs guest bedroom with a full bathroom nearby could also be a nursery or work out room. Spacious living room with high ceilings and great natural light. Secluded primary suite is downstairs with a large walk in closet, tiled shower, and a dual vanity. Upstairs has fresh carpet, a game room with built in cabinets, three bedrooms, and two full baths. Detached two car garage and driveway gate. Roof replaced in 2024. Spacious backyard is great for entertaining with a pool, spa, paved patio, and an herb garden!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017