214 Briar Trace Lane
About This Property
Richmond. Huge skylight in the kitchen provide natural light. Open floor plan concept. Kitchen opens to the
den and breakfast area. Nice sized master bedroom with en-suite bathroom which features a big jetted tub
and walk-in shower. Secondary bedrooms have a game room/flex room in between. Hardwood flooring
throughout the house,carpet is only in the two secondary bedrooms. Granite counters and fixtures in both bathrooms in 2017, the roof was replaced in 2019 and dishwasher May 2020. Easy access to most major highways, minutes to Hwy 6 and Hwy 99, close proximity to Hwy 59 for easy commute.
Welcome Home! Never flooded!
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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 |
|---|---|---|---|
| Aug 26, 2020 | Sold | ||
| Sold | |||
| May 22, 2020 | Listed by BHGRE Gary Greene | $239,900 | |
| Listed by BHGRE Gary Greene | |||
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About Rivers Edge
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017