16 Azalea Drive
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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 |
|---|---|---|---|
| Aug 7, 2015 | Sold | ||
| Sold | |||
| Jul 17, 2014 | Listed by Coldwell Banker Realty - Lexington | $749,900 | |
| Listed by Coldwell Banker Realty - Lexington | |||
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Only 5 homes left!! The Final Phase at Holly Glen is now available!! This is your last chance to live at the newest development in Burlington. Holly Glen consists of a total of 32 homes with 10 different styles and floor plans. These homes are under construction and will be available for Spring 2015 occupancy. Call now to view these unique and distinctive home styles with dramatic floor plans all offering first floor master bedroom suites, open floor plans and the most amazing features and designs you have ever seen. Minutes to Lexington & Winchester Center and The Burlington Mall. Don't miss out!!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017