414 COVINGTON RIDGE Way
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 |
|---|---|---|---|
| Apr 19, 2024 | Sold | ||
| Sold | |||
| Feb 29, 2024 | Listed by THE WILLIAMS ADVANCED REALTY TEAM (THE WAR TEAM) | $255,900 | |
| Listed by THE WILLIAMS ADVANCED REALTY TEAM (THE WAR TEAM) | |||
| Sep 7, 2022 | Sold | ||
| Sold | |||
| Aug 15, 2022 | Listed by MRG REALTY LLC | $233,000 | |
| Listed by MRG REALTY LLC | |||
| | |||
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Beautiful Palo Verde home built in 2015. Located in the ever growing Mission Ridge Subdivision. Home offers 3 bedroom, 2 bath, semi open floor concept, tile and wooden shutters throughout the home and brand new carpets in bedrooms. Spacious Master bedroom with walk-in-closet. Master Bath offers double sinks, separate shower and jetted tub. All stainless still appliances. Gorgeous front and back yard landscaping to relax and enjoy your evenings. Minutes away from the I10 and shopping centers.
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| Nov 9, 2018 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017