23623 Monte Lago Lane
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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 |
|---|---|---|---|
| Dec 22, 2021 | Sold | ||
| Sold | |||
| Sep 20, 2021 | Listed by Realty Associates | $355,000 | |
| Listed by Realty Associates | |||
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Gorgeous home in the desirable Community of Ventana Lakes. Lush green landscape, 2 car garage, & covered entry. Impressive front door, soothing palette, handsome tile wood- like floors, & open floor plan. Stunning chef's kitchen features a large center island, granite counters, subway tile backsplash, breakfast bar, SS appliances, walk-in closet, & plethora of white cabinets. Dining area is perfect for entertaining. Generous size bedrooms, plush carpet, ceiling fans, window blinds, & upscale baths. Grand primary bedroom boasts a private en suite w/dual sinks & a walk-in closets. Bonus room & a private den!! The large backyard is perfect for outdoor entertaining w/a covered patio & lush green grass. Room for a pool! Community Clubhouse, Pool, Picnic area, walking trails & so much more. This home is the envy of the neighborhood!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017