3840 Clover 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 |
|---|---|---|---|
| Jan 27, 2023 | Sold | ||
| Sold | |||
| Jan 4, 2023 | Listed by Compass RE Texas, LLC | $1,760,000 | |
| Listed by Compass RE Texas, LLC | |||
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Brand new construction, never lived in! This modern dwelling features an Open Concept Kitchen & Living Room with Eat-in Dining, custom cabinetry, designer lighting, Bertazzoni SS apps & Control4 smart home system, smart lights, & 2 spacious verandas.
The first floor features master suite with dual-sink floating vanity, soaking tub, separate shower with rainfall shower head and huge walk-in closet. Also on the first floor is a guest bed with ensuite bath. The second floor features 3rd, 4th & 5th bed each with an ensuite bath, a Game room with wet bar, & 2 covered balconies.
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| Dec 2, 2022 | Sold | ||
| Sold | |||
| Mar 24, 2022 | Listed by Iconic Real Estate, LLC | $1,615,000 | |
| Listed by Iconic Real Estate, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017