512 Caudle Lane
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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 |
|---|---|---|---|
| Feb 23, 2024 | Sold | ||
| Sold | |||
| Jan 12, 2024 | Listed by Redfin Corporation | $419,000 | |
| Listed by Redfin Corporation | |||
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Nestled in Isabella Village, this neighborhood offers residents exclusive access to luxurious resort-style living. With a Water Park and its own 50+ clubhouse. It encapsulates the spirit of this 55+ Active Adult Community. This three-bedroom, two-bathroom residence features two covered patios one at the front and another at the back, providing an ideal spot for enjoying both sunrise and sunset views. The covered back patio has been expanded by 4 feet, and a convenient walking path has been installed on the side. The primary bedroom features a spa-like bath, dual sinks, a separate shower, and a walk-in closet with additional shelves. The kitchen island, adorned with stainless appliances, a tiled backsplash, gas cooktop, and granite countertops, overlooks the spacious great room with the stone fireplace creating a cozy setting. Isabella Village has Private Pool and Clubhouse with Fitness Center and access to Savannah Amenities including Tennis.
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| Nov 22, 2023 | No longer available | - | |
| No longer available | |||
| Nov 11, 2023 | Price Decreased |
$409,000
↓ $10K
(2.4%) | |
| Price Decreased | |||
| Oct 18, 2023 | Price Decreased |
$419,000
↓ $6K
(1.4%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017