516 Tripp Trail
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 18, 2023 | Sold | ||
| Sold | |||
| Apr 4, 2023 | Listed by DFW Elite Living | $315,000 | |
| Listed by DFW Elite Living | |||
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Opportunity of a lifetime to buy below market value for quick sale. Gorgeous 4 bed 2 and a half bath home in quiet prestigious neighborhood. 4th large bedroom could be used as media room, office or gym. 18 ft ceilings, large living, beautiful arched dining room, eat in kitchen with custom cabinets and full size laundry room. Attic could easily be finished for an extra room. Enjoy a cup of tea in the front porch while kids play or relax in the private large back yard with covered patio.
Seller in the process of moving, please excuse the boxes
Seller has survey
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| Nov 6, 2020 | Sold | ||
| Sold | |||
| Jul 21, 2020 | Listed by BHHS A Action REALTORS | $239,990 | |
| Listed by BHHS A Action REALTORS | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017