43996 Medinah Drive
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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%.
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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 |
|---|---|---|---|
| Nov 14, 2017 | Sold | ||
| Sold | |||
| Sep 24, 2017 | Listed by Gibraltar Realty | $299,000 | |
| Listed by Gibraltar Realty | |||
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Heritage Palms' home, light and bright with open floor plan. Three bedrooms and two baths. Family room looks out to a perfectly landscaped enclosed backyard with large patio. Great for a pet. The master suite has two large walk in closets. Third bedroom has built in desk so it can also serve as an office. Two car garage plus golf cart space. Enjoy resort living with clubhouse, restaurant, library, billiards room, tennis, pools (indoor and outdoor), 7/24 security and guarded gates. Membership available in Arthur Hills designed 18 hole golf course. Senior Living (55+) Community.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017