1501 Vernon 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%.
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 21, 2022 | Sold | ||
| Sold | |||
| May 17, 2022 | Listed by Caple & Company | $347,000 | |
| Listed by Caple & Company | |||
| Dec 23, 2019 | No longer available | - | |
| No longer available | |||
| Oct 6, 2019 | Price Increased |
$211,600
↑ $3K
(1.4%) | |
| Price Increased | |||
| Aug 20, 2019 | Listed | $208,600 | |
| Listed | |||
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NEW CONSTRUCTION - Brand new Winn Ridge community in Aubrey. One story Serenada plan with brick and stone exterior - Elevation O. 3BR + 2BA + Tray Ceiling + Pendant Lighting + Kitchen Island + Patio + Smart Home - 1429 sf. Available for September 2019 move-in. Beautiful kitchen with 36 inch upper cabinets, kitchen island, black appliances and granite counters. Tray ceiling at gathering room. Double vanity at owner's bath. The manager has listed the unit size as 1429 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017