15423 Turning Tree Way
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%.
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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 |
|---|---|---|---|
| Sep 17, 2021 | Sold | ||
| Sold | |||
| Aug 12, 2021 | Listed by RE/MAX Elite Properties | $335,000 | |
| Listed by RE/MAX Elite Properties | |||
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Wonderfully maintained home located on a quiet corner lot in the master planned community of Fairfield. This two story four bedroom home is situated on a beautiful oversized lot. Soaring ceilings, crown molding, and an open concept floor plan give this home a welcoming feel from the front door. There is a study and formal dining room at the front of the house w/ wood laminate flooring leading into the family room & spacious kitchen. The primary suite is located on the main level with a large private bathroom. The second floor has a game room and three additional bedrooms. The roof was replaced this year as well as the hot water heater. Fairfield is a great place to live! Enjoy the parks, pools, splash pads, dog park, and fitness center. Three CFISD elementary schools and one CFISD middle school, all highly acclaimed, located inside of Fairfield as well as a sports league for the kids, dining, shopping and a movie theatre. All this conveniently located to Hwy 290 & the Grand Parkway.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017