4035 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 2, 2023 | Sold | ||
| Sold | |||
| Aug 11, 2023 | Listed by Allie Beth Allman & Assoc. | $609,000 | |
| Listed by Allie Beth Allman & Assoc. | |||
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*Back on market - at no fault to the property. One of the LARGER square footage homes in this established neighborhood of Waterford! This 3 bedroom 2 bathroom home on beautiful Azure Lane has 10 ft ceilings and a cozy fireplace. Great floorpan with split bedrooms, large sized kitchen space - complete with a breakfast nook that opens up to the living room. Brand new ac system and new carpet in the bedrooms. This home boasts amazing natural light that makes it feel bright & open. 4035 Azure offers a garden backyard oasis with the perfect sitting area with little maintenance. 5 public schools are within a few miles and a country club with golf & tennis courts are within 2 miles. Mature trees surround the neighborhood with a wonderful walking trail & pond in the back. In the heart of Addison! Easy access to Tollway, LBJ Fwy, 635 & Addisons restaurants, entertainment and biz district. Membership to Addison Athletic Club is a resident perk for $10 membership fee per person! No HOA!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017