18923 Deer Trace Drive
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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.
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 29, 2023 | Sold | ||
| Sold | |||
| Aug 29, 2023 | Listed by Boom Real Estate | $295,000 | |
| Listed by Boom Real Estate | |||
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Beautiful home on a corner lot. Open kitchen/living area with large granite bar overlooking living space, study/office plus an office niche right off the entry way, formal dining, butlers pantry, spacious primary bedroom and bathroom, 3-car garage with 3-car driveway, irrigation system. The backyard is an entertainers dream that features a screened in patio with a spa/hot tub that leads out to an additional concreted and fully covered patio space. Additional features/information: Generac Generator, Fresh interior paint in main living areas, covered pergola, storage shed, HVAC system (2020), floored attic over garage plus additional built in storage, real hard wood floors, driveway extension, irrigation system. (See attachments)
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| Jul 6, 2021 | Sold | ||
| Sold | |||
| Apr 27, 2021 | Listed by JLA Realty | $285,000 | |
| Listed by JLA Realty | |||
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Beautifully maintained home with exquisite upgrades indoor and out (cost of $82,000). Please see the list in the attachments. Corner lot. Open floor plan with study/office, formal dining, additional office niche, butler's pantry, fireplace, lawn irrigation system, additional backyard patio space with a pergola, storage shed, 3-car garage with 3-car driveway. Whole house standby generator. Screened back porch. Room measurements are estimated; please measure if important.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017