418 Salt Grass Trl
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 |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Oct 21, 2020 | Sold | ||
| Sold | |||
| Aug 31, 2020 | In contract | - | |
| In contract | |||
| May 19, 2020 | Listed | $595,000 | |
| Listed | |||
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Escape the bright city lights & hustle of traffic. Indulge in the peace & serenity at what could be your own Texas Hill Country retreat by coming home at the end of the day or on the weekend, to the beauty of this home. Relax on the back porch while cooking on the grill. Open the master bedroom's French doors to the patio to enjoy coffee and wildlife viewing - White Tail, Black Buck & Axis roam. Timeless finishes of elegance are found throughout this home, including wood trim & ceilings, open floor plan, vaulted ceilings, gourmet kitchen w/gas cooking, stainless appliances, granite counters. The manager has listed the unit size as 2610 square feet.
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| Feb 29, 2020 | Listed by Fore Premier Properties | $595,000 | |
| Listed by Fore Premier Properties | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017