4402 CLEAR SPRING DR
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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 |
|---|---|---|---|
| Sep 22, 2023 | Sold | ||
| Sold | |||
| Aug 3, 2023 | No longer available | - | |
| No longer available | |||
| Aug 3, 2023 | Listed by Keller Williams Heritage | $227,500 | |
| Listed by Keller Williams Heritage | |||
| May 25, 2023 | Listed by Keller Williams Heritage | $229,000 | |
| Listed by Keller Williams Heritage | |||
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Adorable starter home that has been tastefully updated to include new carpets & pads, LVP flooring in kitchen & baths, fresh paint thru out, light fixtures, new stainless appliances & granite counters in kitchen, new under sink plumbing/faucets/toilets. Larged covered patio overlooks the spacious backyard, adorned with mature trees. Walking distance to Elementary School and Kallison Park. Centrally located with easy access to loop 410 & I35. The manager has listed the unit size as 1186 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017