24318 S Newcastle Bay Trail
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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 19, 2021 | Sold | ||
| Sold | |||
| Mar 1, 2021 | Listed by RE/MAX Integrity | $255,000 | |
| Listed by RE/MAX Integrity | |||
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This beautiful home is loaded with everything you could need! The interior has oversized ceramic tile throughout the entry, family room, and halls to the bedrooms. The kitchen has 42'' cabinets and granite countertops with a large oversized island. Stainless steel appliances. Lovely outdoor space with a fantastic oversized yard as well as a sprinkler system. Fridge and washer/dryer included. Home is tenant occupied thru November, 30, 2021. Drive by showings only. Access for viewing once a contract is accepted.
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About The Woodlands
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Last Updated: 5 months ago
Data Source: HAR , MLS# 87257533
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017