518 Christian Way
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 |
|---|---|---|---|
| Aug 11, 2023 | Sold | ||
| Sold | |||
| Jul 15, 2023 | No longer available | - | |
| No longer available | |||
| Jul 14, 2023 | Listed by The Property Shop | $575,000 | |
| Listed by The Property Shop | |||
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Welcome to 518 Christian Way in Azle, Texas! This stunning property offers a perfect blend of comfort, functionality, and tranquility. Situated on a one-acre lot with no HOA, this home features 4 beds, 2 baths, a media room, an office, open living with a large stone fireplace, outdoor fireplace, and a huge shop. The master suite provides a private retreat, while the backyard oasis offers an expansive outdoor living area. Located in Azle, Texas, this home offers a peaceful suburban lifestyle with easy access to urban amenities. Don't miss the opportunity to own this exceptional property. Schedule a showing today!
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| Jul 8, 2023 | No longer available | - | |
| No longer available | |||
| Jun 24, 2023 | Price Decreased |
$595,000
↓ $5K
(0.8%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017