3818 Nelva Park Drive
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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 20, 2021 | Sold | ||
| Sold | |||
| Apr 9, 2021 | Listed by RE/MAX Signature | $230,000 | |
| Listed by RE/MAX Signature | |||
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Fabulous single story house with 4 bedrooms located in the quiet subdivision of Westfield Terra. Lovingly maintained and meticulously cared for! The house has a great open floor plan with a nice updated kitchen, and new flooring throughout the house. Large master suite features a spacious walk in closet, nice deep garden tub. Plenty of space to enjoy in the backyard. A few minutes from I-10 Freeway, Grand Parkway and several shopping centers. No flooding during Harvey or any other hurricane! This is a must see!!!! Make your appointment today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017