505 Starling Drive
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 27, 2024 | Sold | ||
| Sold | |||
| Dec 9, 2023 | Listed by Trillionaire Realty | $279,900 | |
| Listed by Trillionaire Realty | |||
| May 10, 2022 | Sold | ||
| Sold | |||
| Apr 2, 2022 | Listed by Coldwell Banker Realty Plano | $279,000 | |
| Listed by Coldwell Banker Realty Plano | |||
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Attention First-time Home Buyers or investors!!! Income-producing property!! Amazing bright and open floor plan home featuring high ceilings, spacious 3 bedrooms, master huge closet, 2 full baths, 2 car garage, good size fenced backyard, lots of cabinets in the kitchen and open to the living room with a peninsula seating area. Close to schools, and only minutes from the highway and shopping. Excellent Tenants in place would like to stay but can move before closing. Property being sold As-Is.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017