42180 W CHEYENNE Drive
About This Property
Built in 2016, this charming property features a low-maintenance backyard-perfect for relaxing weekends or easy outdoor entertaining. The home comes complete with a refrigerator, washer, and dryer, making your move-in a breeze. The kitchen showcases granite countertops, island, and ample cabinetry. The seller is highly motivated and, with the right offer, is willing to assist with closing costs-don't miss this great opportunity to make it yours!
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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 |
|---|---|---|---|
| Aug 29, 2025 | Sold | ||
| Sold | |||
| Jul 15, 2025 | In contract | - | |
| In contract | |||
| Jun 24, 2025 | Price Decreased |
$300,000
↓ $20K
(6.2%) | |
| Price Decreased | |||
| Jun 20, 2025 | Price Decreased |
$319,900
↓ $100
(0%) | |
| Price Decreased | |||
| May 23, 2025 | Price Decreased |
$320,000
↓ $10K
(3%) | |
| Price Decreased | |||
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About Maricopa
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Last Updated: 5 months ago
Data Source: ARMLS, MLS# 6856696
Brokerage email: [email protected]
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017