5065 Settlement 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 |
|---|---|---|---|
| Nov 9, 2021 | Sold | ||
| Sold | |||
| Aug 13, 2021 | Listed by Texas Trust Real Estate | $365,000 | |
| Listed by Texas Trust Real Estate | |||
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Beautiful Ranch Country Custom Home sitting on 1.124 acres with two access gates to the backyard, 16 X 40 Barn Shed/Workshop with wrap around deck and sliding barn doors, the home has a new roof installed in June 2021, Aerobic system with sprinklers in the front yard, Kitchen Fridge stays with home, basketball goal stays, garage is big enough for a 3-4 ton pick up truck, attic is decked, tile floors throughout living spaces of home, newly installed vinyl wood floors in all bedrooms, coffered ceiling, crown molding, kitchen has granite counter tops and double oven. Nice size utility room inside the home, covered patio, fully fenced in yard with separate side yard fenced in. You will definitely get that charming country living feeling with this home. Come Love Where You Live!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017