24938 Corbin Gate 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 |
|---|---|---|---|
| May 11, 2022 | Sold | ||
| Sold | |||
| Apr 7, 2022 | Listed by CB&A, Realtors | $375,000 | |
| Listed by CB&A, Realtors | |||
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Don't miss this light & bright home located in Village of Auburn Lakes, just minutes from I45 & Grand Parkway. New Roof April 2022!! Gleaming wood floors and recently painted, this home beckons you in to its light & warmth. Entering youl'll find a large formal dining (which could easily be converted to a beautiful home office). Into the granite gourmet gas cooking kitchen with 42" cabinets and recent appliances. This living room has a gas log fireplace & boasts a soaring ceiling and a view into the huge backyard. Primary bedroom located on first floor has an ensuite bathroom with jetted tub, sep shower, double sinks & walk in closet. Outside? This home sits on a huge lot! This yard comes with a shed constructed of hardiplant & 8x8 brick for storage and lawn equipment. 2 car garage has workbench ready for projects. Security system, cat 5 wiring. Upstairs gameroom and 3 bedrooms give everyone their own space. Great schools, shopping, dining are nearby & the Woodlands in minutes away.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017