3936 Carmel Mountain Drive
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 |
|---|---|---|---|
| Aug 12, 2024 | Sold | ||
| Sold | |||
| Jul 22, 2024 | In contract | - | |
| In contract | |||
| Jul 19, 2024 | Price Decreased |
$509,000
↓ $20K
(3.8%) | |
| Price Decreased | |||
| Jul 9, 2024 | Price Decreased |
$529,000
↓ $20K
(3.6%) | |
| Price Decreased | |||
| Jun 15, 2024 | Listed by EXP REALTY | $549,000 | |
| Listed by EXP REALTY | |||
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Beautiful large home in Craig Ranch. Frisco ISD. Popular open floor plan with lots of natural lights. Huge family room with gas fireplace. Open kitchen with brand new quartz countertops. Bay-windowed breakfast area. Separated formal dining. Separate formal living. Upstairs four bedrooms, two connected by a Jack and Jill bath, and another full bath for convenience. good size game room for everyone. Walk to elementary school. Great location, minutes to shopping, restaurants, golf course, Stonebriar Mall.
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Property Highlights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017