18819 Cove Mill Lane
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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%.
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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.
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 |
|---|---|---|---|
| Aug 26, 2021 | Sold | ||
| Sold | |||
| Jul 13, 2021 | Listed by NextHome Realty Center | $375,000 | |
| Listed by NextHome Realty Center | |||
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Located on a quiet cul-de-sac in Bridgeland's Cove. This home has 4 bedrooms, 2.5 baths, and a game room. You will find that there’s lots of space for your busy lifestyle. The home features a family room, a formal dining room, a spacious galley kitchen with granite countertops, and a cozy breakfast nook overlooking the backyard and patio. Hardwood floors compliment the family room, formal dining room, as well as, the owners’ bedroom. There are 3 nice-sized bedrooms on the second floor, the game room could be used as a media room, playroom, or exercise space. The patio is definitely one to see if you enjoy grilling, entertaining, or just being outside. There is also room for a pool. No backyard neighbors, as the lot backs up to a greenbelt. Pope Elementary is a short walk or bike ride away.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017