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4322 Cannondale Lane
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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 |
|---|---|---|---|
| Aug 21, 2025 | Sold | ||
| Sold | |||
| Jul 14, 2025 | In contract | - | |
| In contract | |||
| Jul 10, 2025 | Listed by RE/MAX Grand | $795,000 | |
| Listed by RE/MAX Grand | |||
| Jun 25, 2025 | Price Decreased |
$810,000
↓ $22K
(2.6%) | |
| Price Decreased | |||
| May 30, 2025 | Listed | $832,000 | |
| Listed | |||
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Beautiful updated 1-story in desirable Cinco Ranch neighborhood! Inside Grand Pkwy! Next to greenbelt w/direct access to vast network of trails! Bike to Energy Corridor on trails w/out riding on roads! Great schools, close to shopping/dining! Enter through gorgeous iron double doors into grand hall w/rotundas & soaring ceilings! French doors enclose media/study with surround sound - perfect for movie watching & game nights! Kitchen has Sub-Zero fridge & Wolf appliances. Exquisite natural stone counters complete the dream kitchen! Spacious primary has vaulted ceiling & sitting/reading space. Relaxing soaking tub in completely tiled primary bath w/walk-in shower. Primary closet (ALL closets) finished by California Closets adds WOW factor! Backyard oasis custom pool/spa bordering greenbelt! Sizable laundry room with built-in desks, file drawers & tons of storage! Ensuite bath w/walk-in closet offers privacy for guests in front bedroom. RARE FIND!! Meticulously maintained & NEW ROOF!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017