22707 Bayou Elm 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 24, 2020 | Sold | ||
| Sold | |||
| Jul 21, 2019 | Listed by E. Griffin Group LLC | $179,000 | |
| Listed by E. Griffin Group LLC | |||
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If you love nature, this recently remodeled, flood free home, on a quiet cul de sac will be perfect for you. Minutes walk to Timberlane Park, which has great reviews and plenty of natural wildlife. Also a hike and bike trail just steps from the front door. New Roof just installed in December. House also has granite countertops, new carpet, paint throughout, and the master bathroom was totally remodeled as well as the kitchen. All new flooring, and a new storage shed in the backyard are also included. Property being sold with, washer and dryer and new dishwasher. Seller will put on new roof with acceptable offer.
If you use sellers preferred lender appraisal will be paid.
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| Mar 26, 2019 | Sold | ||
| Sold | |||
| Feb 24, 2019 | Listed by Jan Jackson Group | $125,000 | |
| Listed by Jan Jackson Group | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017