26992 Back Bay Dr
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 |
|---|---|---|---|
| Apr 11, 2019 | No longer available | - | |
| No longer available | |||
| Feb 4, 2019 | Listed | $387,500 | |
| Listed | |||
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Beautiful 4 BED (1 downstairs) 3 BATH w/ LOFT home located in a CUL-DE-SAC at the exclusive Heritage Lake Community! Paid SOLAR and TANKLESS water heater. If you like TECH—then this is your home; sellers have integrated Vivant security, Lutron lighting, and Nest features for temperature, smoke and CO detection. These items can be run from your phone or Alexa—your choice! Previous AC unit was too small, sellers upgraded to a 5-ton unit to quickly cool the home, but with all the features and upgrades are still running electric bills averaging less than $70 per month based on most recent annual bill!! Keep cool under the newly installed alumawood patio on your back porch (HERO program item to be paid off by seller at close of escrow). The yard is spacious for the whole family with room for a pool, if desired, and has a Rainbow Play system model Sunray for little ones (seller to remove if requested). Fenced dog run with access door. The community itself offers a recreational lake, pool, splash pad, clubhouse, parks, softball fields, and walking trails. Easy access to shopping and freeways. Many other fixes and upgrades—put this home on your list to see!! The manager has listed the unit size as 2353 square feet.
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| Oct 6, 2018 | No longer available | - | |
| No longer available | |||
| Aug 23, 2018 | Listed | $385,000 | |
| Listed | |||
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The manager has listed the unit size as 2353 square feet.
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| Apr 1, 2016 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017