209 Fleetway 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 |
|---|---|---|---|
| Mar 9, 2021 | Sold | ||
| Sold | |||
| Dec 30, 2020 | Listed by Martha Turner Sotheby's | $1,500,000 | |
| Listed by Martha Turner Sotheby's | |||
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HUGE LOT in prestigious HUNTERS CREEK – MEMORIAL VILLAGES can lay claim to being the safest community in Texas according to one website (as reported by KPRC TV). Level topography approximately the size of a football field. Quiet Cul-de-sac with a scattering of mature trees. GREAT PRIVATE & PUBLIC SCHOOLS NEARBY. Many multi-million dollar homes near as well. The property did not flood. The lot is CLEARED & READY for NEW CONSTRUCTION. Builders & Buyers who want to build a Custom Home are welcome. Pre-construction items for this lot have been done by the current owner. Proposed set of residential plans designed by Charles Martin are available.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017