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1504 Nelson 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 |
|---|---|---|---|
| Oct 20, 2021 | Sold | ||
| Sold | |||
| Aug 4, 2021 | Listed by Nicole Andrews Group | $1,024,000 | |
| Listed by Nicole Andrews Group | |||
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Incredible opportunity to own a beautiful Cottonwood Valley home on the golf course for under $1.1M! Updates in this amazing home include renovated Master bath & completely new guest suite bath. Enjoy entertaining with 3 down living areas, formal dining room, covered & outdoor patio and HUGE yard ready for your personal outdoor oasis. Upstairs you'll find 4 large bedrooms, utility room & incredible views from the large Master Suite. Enjoy your morning coffee or an evening book on the private Master balcony overlooking the course. Don't forget the elegant porte cochere with 3 car garage. Join the Sports Club at the Four Seasons & enjoy all it has to offer, just a golf cart ride away.
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| Aug 14, 2018 | No longer available | - | |
| No longer available | |||
| Jun 19, 2018 | Listed | $799,000 | |
| Listed | |||
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Gorgeous Golf Course estate. Light and Bright throughout, this home has been recently updated, including kitchen with custom painted cabinets, large island, and designer appliances that any chef can appreciate. 2 Living areas and the kitchen overlook the pool sized back yard and golf course. Upgraded hardwood flooring and motorized shades add to the distinction. Perfect for executive entertaining and family gatherings. The upstairs master suite boasts large balcony; perfect for enjoying coffee in the morning and breathtaking views of the golf course. The Master Bath features heated flooring. Perfect location across from the Four Seasons Resort, minutes to DFW airport, within a private gated community. The manager has listed the unit size as 4048 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017