427 Sims Drive
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 |
|---|---|---|---|
| Jun 11, 2021 | Sold | ||
| Sold | |||
| May 24, 2021 | Listed by Berkshire HathawayHS PenFed TX | $239,200 | |
| Listed by Berkshire HathawayHS PenFed TX | |||
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Welcome to this quaint updated gem in the established neighborhood of Highlands. 3 bedroom, 2 bath home has new interior paint throughout and new carpet. Great open floorplan with wood-like flooring throughout living areas and kitchen. Family room features a cozy wood-burning fireplace with brick surround to the ceiling. Well-appointed kitchen is open to the family room and offers ample cabinetry and countertop space. Primary bedroom is a relaxing escape with an ensuite bath offering dual sinks, garden tub, and separate shower. Step out to the backyard, enjoy the back patio, fire up the grill, and watch the kids and pets play. Great location to schools, Hwy 67, dining, and retail.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017