3901 Applewood Lane
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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 10, 2025 | Sold | ||
| Sold | |||
| Nov 8, 2024 | In contract | - | |
| In contract | |||
| Oct 6, 2024 | Price Decreased |
$625,000
↓ $15K
(2.3%) | |
| Price Decreased | |||
| Jul 30, 2024 | Listed by Compass RE Texas, LLC. | $640,000 | |
| Listed by Compass RE Texas, LLC. | |||
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Discover unparalleled luxury in this custom home nestled in the picturesque Canyon Falls community. Surrounded by stocked fishing ponds, a wildlife reserve, scenic walking and bike trails, multiple pools, a dog park, splash pads, and a state-of-the-art fitness center, this residence offers an active lifestyle. The energy-efficient, open floor plan features a grand entry, 4 bedrooms, 3.5 baths, and a private office. Floor-to-ceiling windows illuminate the space, while beautiful wood floors and a gas fireplace add warmth. The gourmet chef’s kitchen boasts double ovens, a 5-burner gas stove, granite counters, a coffee bar, butler’s pantry, and custom cabinetry. The spacious owner's suite includes a luxurious bathroom with dual sinks, a soaking tub, separate shower, and walk-in closet. Upstairs, find 3 bedrooms, 2 baths including a Jack and Jill, and a massive game room. Relax on the covered patio with a gas hookup, overlooking the oversized backyard.
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| Dec 14, 2022 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017