1722 Cobble Creek 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 |
|---|---|---|---|
| Sep 25, 2020 | Sold | ||
| Sold | |||
| Mar 15, 2020 | Listed by BHGRE Gary Greene | $175,000 | |
| Listed by BHGRE Gary Greene | |||
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Fantastic location! Home sits next to 36 wooded acres with no side neighbors and a huge backyard! Features include new granite counter tops, tile flooring throughout first level, new carpet on second level and new interior doors. There is plenty of space for your family gatherings with a formal living room, dining room and a family room! Conveniently located close to I-45, Hardy Toll Rd, Beltway 8 and Grand Parkway!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017