1763 Nottingham TRAIL
About This Property
This Cypress villa offers impact resistant windows, sliding glass lanai door and screened lanai that overlooks the 10th green and lake. The kitchen has white glazed cabinets, Bengal White granite counters, GE stainless steel appliances, single under-mount stainless steel sink, and white backsplash. The bathrooms both have the white glazed cabinets with Corian Glacier White tops, Moen faucets & accessories and under-mount rectangle Kohler porcelain sinks. There are recessed lights in the great room, master bath shower and the guest bath shower. The flooring throughout is 12x24 tile that is installed in an offset pattern. The den has vinyl plank floors and all flooring is Shaw. A Trane 16 SEER variable speed air handler with humidity control will keep things cool.
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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 |
|---|---|---|---|
| Nov 12, 2021 | Sold | ||
| Sold | |||
| Feb 25, 2021 | Listed by NEAL COMMUNITIES REALTY, INC. | $273,990 | |
| Listed by NEAL COMMUNITIES REALTY, INC. | |||
Property Highlights
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Price/ft²
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About Charlotte
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017