162 El Paso 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 |
|---|---|---|---|
| Jan 8, 2021 | Sold | ||
| Sold | |||
| Oct 9, 2020 | Listed by The Standard Realty Group, LLC | $88,000 | |
| Listed by The Standard Realty Group, LLC | |||
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Well maintained 3 bedroom 2 bathroom with fenced in backyard on .33 acre lot in Lakewood POA in award winning Bullard ISD. This home offers an open floor plan with a large kitchen with pantry and plenty of cabinet space. Updated guest bathroom and flooring in the main living areas. Refrigerator, washer and dryer will remain with the home. Air conditioning units replaced 3 years ago. Lakewood POA membership includes access to: gated entry, clubhouse, pool, basketball court, pier and boat access.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017