22314 Cascade Springs 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%.
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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 |
|---|---|---|---|
| Oct 16, 2023 | Sold | ||
| Sold | |||
| Sep 22, 2023 | Listed by Keller Williams Premier RealtyKaty | $408,900 | |
| Listed by Keller Williams Premier RealtyKaty | |||
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This one story Ashton Woods 3/2/2 home is locate in the master-planned community of Grand Lakes. This beautifully maintained home has new exterior and interior paint, 3 bedrooms, a study/office with french doors, formal dining room, a den, and two full bathrooms. Tile flooring throughout, wood floors in all bedrooms. The kitchen features granite counters, tile backsplash, and a breakfast bar. Fresh landscaping and a sprinkler system in front and back. The home has a built in generator. Ring doorbell and cameras on exterior corners of home. Never flooded. This community offers a wide array of amentities, including swimming pools, tennis courts, splash pads, playgrounds, scenic lake, and miles of walking trails.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017