42
Map
18486 E Covington Trace
About This Property
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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%.
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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.
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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 3, 2017 | Sold | ||
| Sold | |||
| Jul 8, 2017 | Listed | $424,900 | |
| Listed | |||
| | |||
|
Beautifully maintained pool home on corner lot. Circular drive (pavers)installed when home was purchased by seller. Upgraded kitchen features granite counter tops, back splash and stainless steel appliances. Kitchen opens to family room and looks out to the screened pool and patio. Pool pump is approx 4 years old. Master bathroom has two separate sinks and shower has been updated. New wood flooring on steps and entire second floor including all three bedrooms. Tile throughout first floor, no carpeting! Fourth bedroom is on the first floor and is currently used as an office. High ceilings in the living and dining room. Laundry room is located inside the house on the first floor. Second bedroom Murphy bed is built-in. Secured storage under the stairs.The manager has listed the unit size as 2913 square feet.
| |||
| May 31, 2017 | Listed by Keyes Company | $424,900 | |
| Listed by Keyes Company | |||
| Jun 15, 2011 | Sold | ||
| Sold | |||
Property Highlights
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About Lakes at Boca Raton
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017