3610 Newcastle 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 |
|---|---|---|---|
| Dec 14, 2020 | Sold | ||
| Sold | |||
| Aug 5, 2020 | Listed by Compass RE Texas, LLC | $695,000 | |
| Listed by Compass RE Texas, LLC | |||
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Beautifully updated Afton Oaks ranch style home on large corner lot. Fantastic kitchen with beautiful Soapstone counters, Carrara marble backsplash, island and breakfast bar, stainless appliances and a bar area with second sink. Both bathrooms were updated in 2016 and feature quartz and marble counters, new cabinets, new shower in master bath and new glass doors in hall bath tub/shower. Home features 9 ft. ceiling in entry, refinished hard wood floors, three generous sized bedrooms, large living area and great formal dining room with vaulted and beamed ceiling, and French doors to back yard and patio. Spacious yard features full sprinkler system (2016). Backyard is fully fenced and has an inviting brick patio for relaxing and/or entertaining. Home has never flooded and is currently located outside both the 100 year and 500 year flood plain.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017