3807 Addison Ranch Lane
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 |
|---|---|---|---|
| May 21, 2021 | Sold | ||
| Sold | |||
| Apr 8, 2021 | Listed by Exceed Realty | $369,900 | |
| Listed by Exceed Realty | |||
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Beautiful 1-story Beazer home in Churchill Farms situated on a premium lot! Wonderful open floorplan w/soaring ceilings, tile floors in living areas, shutters, & incredible natural light. 4-spacious bedrooms, & 3-full baths. Study option ILO of formal dining. Spacious family room with gas-log fireplace is open to kitchen & breakfast & a wall of windows overlooking backyard. Kitchen w/granite countertops, 5 burner gas cooking, double ovens, & walk-in pantry. Owner's suite w/ raised tray ceiling, massive walk-in closet & separate walk-in shower w/ bench & massage sprayers, dual vanities, & linen closet. Beautiful fenced yard w/ large covered patio, outdoor kitchen, sprinkler system, & lots of grassy area for fun & games. Great amenities including swimming pool, parks & playgrounds, direct access to hike & bike walking trails, and walking distance from KISD schools!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017