4013 Azure 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 |
|---|---|---|---|
| Nov 9, 2023 | Sold | ||
| Sold | |||
| Aug 8, 2023 | Listed by Compass RE Texas, LLC. | $579,500 | |
| Listed by Compass RE Texas, LLC. | |||
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Delightful one-story home with fantastic & functional layout, that lends itself to entertaining, hosting guests or work-from-home situations and will appeal to a wide array of buyers whether starting out or downsizing. Multiple living spaces and spacious dining room are perfect for entertaining friends and family. Bright kitchen with ample storage has a charming adjacent dining nook offering backyard views. Serene primary suite includes large bath with skylights. and spacious walk-in closet. Total backyard makeover with modern architectural design balances simplicity & scale, color & textures with optimal placement of plants, rock gardens & walkways. Unbeatable Addison location: step out to walking trails, dog park, duck pond, a community garden & Addison Athletic Club (lifetime membership $10 includes pickle ball, outdoor pool, hot tub, weight room!) and close proximity to all that Addison has to offer: shopping, restaurants. House appraised at $609,000.
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About Addison
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017