5108 Azul Lane
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%.
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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 |
|---|---|---|---|
| Apr 19, 2021 | Sold | ||
| Sold | |||
| Feb 28, 2021 | Listed by Horton Neely Realtors, LLC | $350,000 | |
| Listed by Horton Neely Realtors, LLC | |||
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ONE ACRE, CUL DE SAC, ORIGINAL OWNER HOME! Country feel next to the city on this acre lot just a short distance from the Chisholm Trail Parkway and downtown Fort Worth. This 3 bed 2 bath boasts 2 living and dining areas. The backyard is landscaped with several gardens and trees ready to bloom in spring, a large shed in the back remains with the property for extra storage. Multiple new shopping centers and restaurants are popping up just outside the neighborhood. Get in ahead of this areas rapid growth!
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Property Highlights
Building Info
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Price/ft²
Listed On
Sold On
About Panther Heights
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Last Updated: 6 months ago
Data Source: NTREIS MLS, MLS# 14523524
Details provided by NTREIS and may not match the public record
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017