23723 Verngate 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 28, 2022 | Sold | ||
| Sold | |||
| Jun 22, 2022 | Listed by Keller Williams Signature | $224,900 | |
| Listed by Keller Williams Signature | |||
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This home is a beauty! Located in Spring... this home has been completely renovated. NEW flooring throughout, upgraded kitchen, stainless steel appliances, renovated baths ,and alluring fixtures throughout the home. Fully enclosed backyard. Easy access to major highways , and shopping. The only thing this home is missing is you and your family! Schedule your showing today!
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| Mar 24, 2022 | Sold | ||
| Sold | |||
| Mar 15, 2022 | Listed by eXp Realty, LLC | $160,000 | |
| Listed by eXp Realty, LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017