19434 Cavern Springs Drive
About This Property
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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 |
|---|---|---|---|
| Oct 6, 2023 | Sold | ||
| Sold | |||
| Jul 24, 2023 | Listed by NextHome Realty Center | $270,000 | |
| Listed by NextHome Realty Center | |||
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Gorgeously updated 3/2.5/2 home on a corner lot in Three Lakes East *Step inside to high ceilings & an open floor plan that creates an inviting atmosphere *The kitchen has been tastefully updated with granite counters, new backsplash, stainless appliances, & recessed lighting, giving the home a modern touch *Downstairs you'll find a spacious game room/study with a closet for extra storage *Upstairs, you'll find 3 bedrooms & 2 full baths *The primary bath has been completely remodeled with an oversized shower *Expansive covered patio with ceiling fans in back, perfect for entertaining or a morning cup of coffee *The yard & landscaping always look their best thanks to the sprinkler system *Add’l updates include: fresh paint inside & out; luxury vinyl flooring & plantation shutters downstairs; & new carpet upstairs *Located within walking distance of an elementary school, playground, pool, & tennis court *Easy access to TX-99 and TX-249 makes commuting a breeze *Must see!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017