2761 NE School Drive NE
About This Property
Florida room overlooking beautiful enclosed pool with privacy fenced back yard, shed with electric for all your storage needs, open eat-in kitchen to great room and dining room. Granite counter tops in kitchen. All tile floors with ceiling fans in all rooms. House is hurricane ready with 16KW generator/500 gallon fuel and roll-down hurricane shutters. Fresh paint. Add this one to your list to show! Vacant and easy to show.
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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 |
|---|---|---|---|
| Nov 1, 2024 | Sold | ||
| Sold | |||
| Sep 15, 2024 | In contract | - | |
| In contract | |||
| Aug 16, 2024 | Price Decreased |
$450,000
↓ $5K
(1.1%) | |
| Price Decreased | |||
| Aug 2, 2024 | Listed by Real Broker, LLC | $455,000 | |
| Listed by Real Broker, LLC | |||
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Beautiful Florida Pool Home on City Water/Sewer near Turkey Creek! Move in Ready! HVAC 1 year old, Roof 2 years old, 35 panel Solar Paid off, Gas Heated Pool, Fenced Backyard on Large .38 Acres! Wood Burning Fireplace, Roll Down Hurricane Shutters on all windows and doors, Whole House 16KW Generator / 500 gallon propane tank, New vinyl floor in Florida room w/ wall unit AC overlooking beautiful screened in pool, NO CARPET, Large shed with electric and insulation, Variable speed pool pump, solar fans in the attic, Granite kitchen Countertops, New kitchen cabinet doors, New kitchen island w/ Quartz countertop, Water softner purification system, High Vaulted Ceilings, Tile throughout, Barrier insulation on roof and floor in attic, New water heater elements. Safe in primary closet, Amazing Turkey Creek Trails in walking distance! Easy to show!
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| Aug 8, 2018 | Sold | ||
| Sold | |||
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About Palmdale
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017