518 Cardinal 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%.
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 |
|---|---|---|---|
| Dec 7, 2023 | Sold | ||
| Sold | |||
| Jun 16, 2023 | Listed by eXp Realty LLC Abilene | $375,000 | |
| Listed by eXp Realty LLC Abilene | |||
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SOLD AS IS! Tranquil, peaceful sets the tone for this adorable updated farmhouse located outside city limits. Far from the hustle & bustle of city life but close to Wylie East Schools, restaurants & venues. You have 3 living spaces or 2 dining rooms, 3 full bathrooms & 3 large bedrooms. One of the living spaces downstairs can be used as a bedroom. Main living area has vaulted ceilings with beautiful dark wood ceilings, wood burning fireplace & plenty of room for entertaining. Gourmet kitchen with plentiful room for meal prep, double oven & stainless steel appliances which all have been updated. Primary bedroom has a wonderful outdoor balcony where you can sit and drink your coffee & enjoy your view of the west Texas hills or relax & read a book. Entertaining & space for sure you will find with this home from enclosed back porch, opened outdoor deck to enjoy the evening stars with no city lights, great property to have your horses or farm animals.
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| Aug 10, 2020 | Sold | ||
| Sold | |||
| Jan 4, 2020 | Listed by RE/MAX OF ABILENE | $289,750 | |
| Listed by RE/MAX OF ABILENE | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017