3840 Confidence 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 |
|---|---|---|---|
| Aug 13, 2021 | Sold | ||
| Sold | |||
| Jun 30, 2021 | Listed by Keller Williams Realty | $280,000 | |
| Listed by Keller Williams Realty | |||
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This is one you do not want to miss - Outstanding home in the coveted Northwest ISD! Past the covered front porch, you enter this open-concept, split-bedroom home to find soaring ceilings, well-kept laminate flooring, updated neutral paint, cornered gas fireplace, and so much more! Kitchen includes stainless steel appliances, painted cabinets, and large window over the sink. Owner's suite includes large windows, dual sinks, and separate garden tub & shower. Overlook the large backyard from the spacious covered patio! HOA includes pool, pond, playground, walking trails, basketball court, and picnic tables. Minutes away from the Alliance & Roanoke dining, entertainment, and shopping! *NEW ROOF JULY 2021*
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017