1805 Lightfoot DR
About This Property
Nestled on nearly half an acre in a tranquil cul-de-sac, this home's outdoor oasis is truly enchanting. Step outside to discover a delightful backyard retreat complete with a pergola, greenhouse, playscape, and plenty of open space for your leisure. Effortlessly access the backyard through the double swing gate on the side of the home, perfect for accommodating RVs, trailers, or any other large items. With its modern updates and idyllic setting, this home offers a perfect blend of comfort and tranquility for your everyday enjoyment.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Apr 12, 2024 | In contract | - | |
| In contract | |||
| Mar 21, 2024 | Price Decreased |
$425,000
↓ $24K
(5.4%) | |
| Price Decreased | |||
| Feb 29, 2024 | Listed by Compass RE Texas, LLC | $449,000 | |
| Listed by Compass RE Texas, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017