48398 Tacoma Narrows Place
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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 9, 2016 | Sold | ||
| Sold | |||
| Oct 30, 2015 | Listed by HOM Sotheby's International | $499,000 | |
| Listed by HOM Sotheby's International | |||
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Accepting BACK UP Offers. Understated elegance, thoughtful details and cozy ambiance await you when you enter into this very popular great room plan.Never before on the market. This plan features an attached casita with its own private bathroom and an entry from the courtyard. The great room has a fireplace and built-in entertainment niche with flat screen TV & components. The gourmet kitchen features an over-sized granite slab island, granite counter tops & back splash, breakfast counter and dining area. An office/study off the foyer has built-in desks and cabinets and a pass way to the Butler's Pantry and entry to Laundry Room. The large master suite offers a picture window overlooking the lush, tropical backyard and a French Door leading to the back patio with with a salt water pool and spa, Custom Outdoor Kitchen, Artificial Turf (low maintenance) One of the largest lots on the street and backs to the Motor Coach Country Club.MBA has Expanded, custom, walk-in shower w/rimless enc
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017