4505 Trophy Rack Drive
About This Property
Roof was replaced in 2023. Nice size backyard with no back neighbors. Easy access to I45 for work commute, restaurants or shopping. Low tax rate here.
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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 |
|---|---|---|---|
| Mar 15, 2024 | Sold | ||
| Sold | |||
| Feb 15, 2024 | In contract | - | |
| In contract | |||
| Jan 4, 2024 | Listed by United Real Estate | $255,000 | |
| Listed by United Real Estate | |||
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Refreshed 4 bedroom home in quaint neighborhood. Large island kitchen with walk-in pantry, plenty of cabinets and gas cooktop, complete with stainless steel refrigerator. Open floor plan with natural light flowing through spacious living areas. Upstairs you will find new carpet, fresh paint and ceiling fans throughout. Primary bedroom is expansive with en-suite bath, double sinks, separate shower and garden tub. Open game room or study, will suit your specific needs. Garage is clean boasting painted floors.
Roof was replaced in 2023. Nice size backyard with no back neighbors. Easy access to I45 for work commute, restaurants or shopping. Low tax rate here.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017