505 Newport Way
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 |
|---|---|---|---|
| May 13, 2022 | Sold | ||
| Sold | |||
| Mar 31, 2022 | Listed by Berkshire HathawayHS PenFed TX | $250,000 | |
| Listed by Berkshire HathawayHS PenFed TX | |||
| | |||
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BACK ON MARKET!!
Charming Home on a corner lot in a great neighborhood. Good size backyard offers lots of privacy also has a covered patio. HEB school district. Sold as is - Priced according to condition. Convenient location in the center of the Metroplex, close to DFW airport, major highways, shopping and restaurants.
New Appliances recently installed. Electrical has been updated. Foundation has been updated and comes with warranty. Bathrooms do need to be updated. No photos available of the home.
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| Aug 5, 2020 | Sold | ||
| Sold | |||
| Jul 10, 2020 | Listed by Ebby Halliday, REALTORS | $170,000 | |
| Listed by Ebby Halliday, REALTORS | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017