4918 Hialeah Drive
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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 7, 2022 | Sold | ||
| Sold | |||
| Feb 2, 2022 | Listed by M/I Properties | $275,000 | |
| Listed by M/I Properties | |||
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Welcome to 4918 Hialeah Drive. This three bedroom, two bath is well maintained home in the Oak Forest Area. The Seller has recently installed new windows, roof, HVAC, attic insulation, Hardiplank siding and refinished the original hardwoods. This home is ready for immediate move-in. Great for a first-time buyer. Don't miss out on this opportunity because it will not last long.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017