1501 Birchmont Lane
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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 16, 2021 | Sold | ||
| Sold | |||
| May 20, 2021 | Listed by Keller Williams DFW Preferred | $400,000 | |
| Listed by Keller Williams DFW Preferred | |||
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This close knit community is located in the highly rated and diverse Keller ISD. This meticulously cared for home sits on a corner lot with a side rear entry garage and beautiful backyard oasis. The back yard has a fountain, pergola and the cutest she shed. The master bedroom has an oversized ensuite bathroom with garden tub. No survey, buyer to purchase survey. Showings will begin Friday 10am-5pm.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017