4705 Carolina Trace Trail
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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 |
|---|---|---|---|
| Apr 1, 2022 | Sold | ||
| Sold | |||
| Feb 10, 2022 | Listed by JPAR Southlake | $359,900 | |
| Listed by JPAR Southlake | |||
| Jul 29, 2017 | Listed | $259,500 | |
| Listed | |||
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The one you have been looking for! Updated, Well maintained home in sought after Trace Ridge. Brand new carpet and paint. Updated kitchen welcomes the inner chef with gas cook-top and ample space for your culinary creations. Open floor plan allows for family gatherings and entertaining with a large outdoor deck. Great home in a great neighborhood. Beautiful community Pool and park. The manager has listed the unit size as 2538 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017