418 Mara 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 |
|---|---|---|---|
| May 21, 2021 | Sold | ||
| Sold | |||
| Mar 13, 2021 | Listed by Go Flat Fee | $224,900 | |
| Listed by Go Flat Fee | |||
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GREAT move-in ready 3 bedroom 2 bath brick home in Red Oak ISD with fresh paint & carpet! The nicely landscaped front yard & attractive entry way makes for wonderful curb appeal. Enter through the foyer & into the living area with its dark wood laminate flooring, brick wood-burning fireplace & open concept to the kitchen. The kitchen offers dining area, lots of cabinet & counter space including bar seating. Both the living & kitchen boast TALL ceilings. Master bedroom has large walk-in closet & en-suite bath. Quaint covered patio in backyard. Spacious 2-car garage. New roof installed 2018. New HVAC with 10-year warranty on parts installed 2019. Easy access to highways, schools, entertainment & shopping.
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About Red Oak
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$2,950 /mo
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$3,200 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017