1512 Suwanee 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 |
|---|---|---|---|
| Dec 9, 2024 | Sold | ||
| Sold | |||
| Nov 7, 2024 | In contract | - | |
| In contract | |||
| Nov 1, 2024 | Listed by Illustrated Properties LLC (Jupiter) | $400,000 | |
| Listed by Illustrated Properties LLC (Jupiter) | |||
| | |||
|
This home was built and used as a rental property since 2011. The 5 bedrooms makes it highly desirable rental for large families. The large lot will allow for an additional ADU. Showings by appointment only. Do to open floor plan all measurements are approximate.
| |||
| Jul 30, 2022 | No longer available | - | |
| No longer available | |||
| Jul 26, 2022 | Price Decreased |
$389,000
↓ $6K
(1.5%) | |
| Price Decreased | |||
Property Highlights
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About West Gate Estates
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$2,500 /mo
- 4 Beds
- 2 Baths
- 1,050 ft²
$2,750 /mo
- 3 Beds
- 2 Baths
- 1,464 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017