407 Mesa Drive
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Apr 18, 2024 | Sold | ||
| Sold | |||
| Feb 29, 2024 | Listed by All City Real Estate, Ltd. Co. | $279,900 | |
| Listed by All City Real Estate, Ltd. Co. | |||
| | |||
|
Meticulously maintained, this J-6 Select home feels brand new and sits in the desirable Lone Oak ISD! Although it is only 4 years old, most of the flooring, light fixtures and a lot of the paint have been updated. You will find unique design touches in this 3 bedroom, 2 bath home, starting right at the entryway! The open floor plan is great for entertaining and the kitchen features beautiful granite countertops, custom cabinets and stainless steel appliances. The secondary bedrooms in this home are spacious, boast large, walk in closets and one features a beautiful accent wall. You can escape to the primary retreat where you will find ample space to spread out and an en suite with double closets, a garden tub and separate walk in shower. Enjoy the evenings on the large, extended patio and relax under the shade of the pergola. Do not miss your opportunity to see this stunning home in person. You will feel like you are buying brand new without the new construction price!
| |||
| Apr 30, 2020 | Sold | ||
| Sold | |||
| Apr 14, 2020 | Listed by Regal, REALTORS | $205,000 | |
| Listed by Regal, REALTORS | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017