2202 Monarch Terrace Drive
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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 14, 2020 | Sold | ||
| Sold | |||
| Jul 17, 2020 | Listed by Greater Houston REP, Inc. | $519,900 | |
| Listed by Greater Houston REP, Inc. | |||
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Beautiful Perry built Energy Star hm on a HUGE Culdesac lot backing to nature reserve. Over 4500 sqft, 5 beds, 4.5 baths, 3 car tandem garage, study, formal dining, game rm, media rm & 2nd bedrm down w/full bath. 2story entry & family rm; Cast stone fireplace w/gas logs; Wood floors in study & dining; Kitchen has GE Profile SS appliances, granite counters, island w/undermount sink, 42" Kent Moore cabinets, undercabinet lighting, butlers pantry, walk in panty, convection oven, double ovens, & gas cooktop; backpack rack; Plantation Shutters throughout; Sprinkler system; Large primary bedroom w/ high ceilings, large bathroom - separate sinks, separate large shower, & 2 walk in closets; Large secondary bedrooms; Jack & Jill bathroom; Covered patio w/ concrete extension; Spa hot tub; HUGE backyard ready for your imagination. ONLY ONE NEIGHBOR! Close to community amenities (lacrosse fields, parks, tennis courts, exercise facility, resort style pool, trails), shopping & elementary school!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017