2234 Cobble Creek 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 |
|---|---|---|---|
| May 3, 2024 | Sold | ||
| Sold | |||
| Apr 6, 2024 | In contract | - | |
| In contract | |||
| Mar 25, 2024 | Listed by eXp Realty LLC | $199,900 | |
| Listed by eXp Realty LLC | |||
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Discover the potential of this conveniently situated home within the sought-after Memorial Hills subdivision, offered as-is and ripe for renovation. Boasting 3 bedrooms and 2 baths, this residence offers a flexible layout. With a formal living and dining combination, one of the rooms can easily be transformed into a 4th bedroom, providing adaptable space to suit your lifestyle. Relax or entertain in the cozy family room with a welcoming fireplace. Step outside to find a generous backyard, offering ample room for outdoor enjoyment, gardening projects, or even the possibility of your own personal retreat. Schedule a showing today. NOTE: Seller is a licensed realtor. | The shelving that you'll see on the garage floor are the cabinet doors for the kitchen.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017