404 Northgate Drive
About This Property
The master is very big and could have a seating area in it. The master bath has a jetted tub, separate vanities, separate shower and a nice walk in closet with built ins.
The other two bedrooms are on the opposite side of the home. One of the bedrooms has wood floors and the other has a walk in closet. This home has a great size back porch and an electric gate to reach the back driveway where there is a 3 car garage. There is also a nice concrete carport at the front of the home as well so plenty of room to park or have guests over. Come out and check out this beautiful home today!
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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 31, 2023 | Sold | ||
| Sold | |||
| Jun 22, 2023 | Listed by RE/MAX Arbors | $439,999 | |
| Listed by RE/MAX Arbors | |||
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About Waxahachie
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017