1418 Corrara 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 |
|---|---|---|---|
| Aug 24, 2020 | Sold | ||
| Sold | |||
| Jul 16, 2020 | Listed by RE/MAX DFW Associates | $485,000 | |
| Listed by RE/MAX DFW Associates | |||
| Jan 2, 2019 | No longer available | - | |
| No longer available | |||
| Sep 18, 2018 | Listed | $399,900 | |
| Listed | |||
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DEAL OF THE CENTURY WITH A FAST CLOSE! Come and see this stunning 5 bedroom and 4.5 bath home! The large main LR is with 20 ft ceilings and Austin stone gas burning FP. A media room, a gaming room and an office room that could be used as 6th bedroom. The formal dining is open to the LR. The kitchen is open to the LR and features granite counters, reverse osmosis filtration, and GE SS appliances. The master suite is downstairs. The master bath separates his and hers vanities. This home is complete with a mother-in-law suite, full house water softener system, 3 car garages, and alarm system. Outside, is beautifully landscaped, and a brick patio. This home will not last long, schedule your private showing today! The manager has listed the unit size as 4030 square feet.
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About Rockwall
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017