4260 Aldridge Lane
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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%.
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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 |
|---|---|---|---|
| Jan 8, 2024 | Sold | ||
| Sold | |||
| Oct 13, 2023 | Listed by League Real Estate | $345,000 | |
| Listed by League Real Estate | |||
| | |||
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NEW INCENTIVES! ZERO DOWN OPTION AND-OR RATE BUY-DOWN INCENTIVES OFFERED! Darling home in Crowley's Wellington Point neighborhood. Close to the Chisolm Trail Tollway and minutes to all of the new shopping and dining nearby: Dutch Brothers, Chick-fil-A and more. Spacious and light filled floor plan starts with two-story entry, formal dining, and an open concept living and kitchen area. Spacious kitchen features a big island, generous breakfast nook, and don't miss the extra pantry shelving in the laundry room! Large windows face the big, private backyard. Upstairs is a sweet loft area and four bedrooms, including a large master suite big enough for a sitting area. The AWESOME backyard is the real star of the show. Party-sized covered back porch newly installed by owners features bead board ceiling, recessed and hardwired string lights, a new fan - and room for all. Huge grassy backyard. And bonus: the greenbelt behind affords privacy and standoff from the neighbors! PLEASE SEE REMARKS!
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| Jun 7, 2020 | Sold | ||
| Sold | |||
| May 18, 2020 | Listed by JP and Associates Fort Worth | $230,000 | |
| Listed by JP and Associates Fort Worth | |||
| Dec 17, 2019 | No longer available | - | |
| No longer available | |||
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About Wellington Point
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017