500 MICHELLE DR
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 |
|---|---|---|---|
| Aug 31, 2015 | Sold | ||
| Sold | |||
| Jul 23, 2015 | Listed by Keller Williams Legacy | $83,195 | |
| Listed by Keller Williams Legacy | |||
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Charming 3 bedroom home in quiet neighborhood with pride of ownership! Open and bright! Owner's are leaving the refrigerator, washer and dryer for the new owner. GE water heater is 2 yrs old. This home has great curb appeal with a beautiful front yard and large backyard with mature trees. Living room features beams in the ceiling for a unique architectural touch! Eat-in kitchen that opens to the backyard. Convenient to 1604, Randolph AFB, IH35 and Forum shopping, school bus stops across the street!
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| Aug 18, 2011 | Sold | ||
| Sold | |||
| Apr 26, 2011 | Listed by Coldwell Banker D'Ann Harper | $73,900 | |
| Listed by Coldwell Banker D'Ann Harper | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017