2814 J R Drive
About This Property
Sellers are John C McFarland and Julia McFarland.
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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%.
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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 23, 2021 | Sold | ||
| Sold | |||
| Mar 6, 2021 | Listed by Realty Associates | $290,000 | |
| Listed by Realty Associates | |||
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The home is located in the highly sought after Southfork Neighborhood. This 1 story home features 3 bedrooms, 3 bathrooms, and 2 car garage and a bonus/flex room currently being used as a game room. Would make another bedroom or a great office. Built by Cervelle Homes. Southfork includes stocked lakes, walking trail with Gazebo, and 25 yard pool. Pearland Town center mall is nearby. Quick access to 288.
Sellers are John C McFarland and Julia McFarland.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017