517 Marlin 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 |
|---|---|---|---|
| Oct 21, 2024 | Sold | ||
| Sold | |||
| Sep 21, 2024 | In contract | - | |
| In contract | |||
| Sep 12, 2024 | Price Decreased |
$399,900
↓ $5K
(1.3%) | |
| Price Decreased | |||
| Jul 9, 2024 | Listed by McCullar Properties Group LLC | $405,000 | |
| Listed by McCullar Properties Group LLC | |||
| | |||
|
Perfectly designed 4 bedroom, 2 bath home in Lone Star Ranch Subdivision. Walk into a functional open concept living, kitchen and dinning room with lots of natural light and beautiful engineered hardwood floors. 517 Marlin also has a designated office with built-in desk and cabinets, a large laundry room with an extra large second pantry right off the kitchen. Gas fire place with a removable cushion on the hearth, extra added comfort. Dreamy kitchen with beautiful cabinets, huge breakfast bar, wall oven + gas range, great storage with lots of prep space. Primary suite is spacious with a large ensuite,dual sinks, separate soaking tub, lots of light and a fabulous wrap around closet. Opposite the primary bedroom are three oversized bedrooms with great closet space and large guest bathroom. Perfect size backyard with an extened back patio. There are so many great details to love about this home, including a community pool!
Refrigerator will convey with the property.
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| Jul 28, 2023 | Sold | ||
| Sold | |||
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About Abilene
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017