1580 BACKWATER Drive
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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 |
|---|---|---|---|
| Aug 1, 2019 | Sold | ||
| Sold | |||
| Jul 1, 2019 | Listed by PERKINS REALTY | $200,000 | |
| Listed by PERKINS REALTY | |||
| Feb 12, 2008 | Listed by RE/MAX SPECIALIST | $180,000 | |
| Listed by RE/MAX SPECIALIST | |||
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REDUCED 9K - FULL BRICK - 4 Nice Sized Bedroom - On PRESERVE - FENCED with ROOM 4 POOL - Only 4 yrs old - NEW Carpet - NEW Paint - NEW Crown molding - Upgraded Lighting - Tiled Kitchen, Foyer & Baths - Micro & Frig included - Vaulted Greatroom with Corner Fireplace - Plant Shelves - Large Dining area - Split Bedrooms - Inside Laundry - By new Outer Beltway & Super Walmart Business Center -
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| May 1, 2006 | Listed by RE/MAX SPECIALIST | $209,900 | |
| Listed by RE/MAX SPECIALIST | |||
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Come home to this beautiful all brick 4 bedroom 2 bath Adams home that backs up to preserve. Wonderful kitchen with smooth top range, built in microwave, and side by side refrigerator. Large family room with fire place. Dining room, inside laundry room, 2 inch blinds throughout, sprinkler system, garage door opener, and pull down stairs leading to attic. Exceptional manicured lawn front and back!!
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| Mar 9, 2004 | Sold | ||
| Sold | |||
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About Clay
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017