1318 Longdraw 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 |
|---|---|---|---|
| Jun 18, 2021 | Sold | ||
| Sold | |||
| May 2, 2021 | Listed by REALM Real Estate Professional | $355,000 | |
| Listed by REALM Real Estate Professional | |||
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Exceptional 1.5 story Home in Grayson Lakes. Zoned Katy ISD. Game room and Media room upstairs with Full bath. Carpet replaced 2021. Great backyard with huge patio. Three car garage with extra space. House had water damage in Winter storm, two leaking point in the guest bedroom closet. damage has been repaired.
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| Jul 9, 2017 | Listed | $299,000 | |
| Listed | |||
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Exceptional 1.5 Story Home in Grayson Lakes. Zoned to Katy ISD Schools! PRICE REDUCED BY $16,000 to $299,000. Large Island Kitchen with Granite Counter Tops and Stainless Appliances, Perfect for a Family! All Bedrooms Down with Game Room & Media Room Upstairs with Full Bath. Fresh Paint Inside & Outside the House. New Carpet. Laminate Flooring in Study & Dining Area. Great Backyard with Patio, Great for Entertaining! PRICED TO SELL! The manager has listed the unit size as 3030 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017