4523 Apple Point Lane
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 |
|---|---|---|---|
| Feb 21, 2024 | Sold | ||
| Sold | |||
| Feb 18, 2024 | In contract | - | |
| In contract | |||
| Feb 16, 2024 | Listed by Texas Ally Real Estate Group, LLC | $400,000 | |
| Listed by Texas Ally Real Estate Group, LLC | |||
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An Awesome newer home that has all the space and amenities you could ask for. This house sits on a massive lot that is nearly 12,000 sqft, with a huge backyard, which is one of the largest in the whole neighborhood. With tile sprawling throughout the first floor, large windows everywhere allowing plenty of soft light, giving a very cozy home feel. This home has a lovely outdoor area with a large fully covered patio, as well as an additional tiled area surrounding a fire pit, a massive stone waterfall, & some fruit trees that grow delicious oranges. Included is a built-in ADT alarm system with cameras monitoring the outside of the property. Solar panels, one of the most modern and premium features found on any house, will be included at no additional cost. This will help ensure a largely reduced electric bill, or possibly one that is completely nonexistent, depending on usage. A rare jewel, and a must see!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017