3095 Rae Creek Drive
About This Property
Another great feature of this practically brand new home is the fully landscaping backyard allowing for instant enjoyment. This home is equipped with solar helping to keep energy cost lower. Property is located near walking paths, parks, schools, and shopping. If you are looking at new builds, why wait for construction when you can have this one!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Sep 7, 2017 | Sold | ||
| Sold | |||
| Jul 27, 2017 | Listed by City of Trees Realty | $435,000 | |
| Listed by City of Trees Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017