1315 Northlake 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%.
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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 24, 2024 | Sold | ||
| Sold | |||
| Sep 27, 2024 | In contract | - | |
| In contract | |||
| Sep 16, 2024 | Listed by Ebby Halliday, REALTORS | $450,000 | |
| Listed by Ebby Halliday, REALTORS | |||
| Sep 21, 2018 | No longer available | - | |
| No longer available | |||
| Aug 23, 2018 | Listed | $325,000 | |
| Listed | |||
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Beautifully renovated mid-century in the highly sought after area of Richardson Heights. Open flowing floor plan with the original hardwood floors throughout! Quartz and stainless appointed kitchen with attached second family room and breakfast area. This house lives large! The master suite has a spa like feel with a separate shower. Outdoor living at it's finest in the back yard with a large covered porch with slate flooring and a fire pit. The large back yard has plenty of room for a future pool and room to play. The manager has listed the unit size as 1556 square feet.
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Property Highlights
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About Arapaho Heights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017