523 Azalea Drive
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Jul 10, 2024 | Sold | ||
| Sold | |||
| Jun 13, 2024 | In contract | - | |
| In contract | |||
| Jun 7, 2024 | Listed by Coldwell Banker Apex, REALTORS | $279,000 | |
| Listed by Coldwell Banker Apex, REALTORS | |||
| Oct 18, 2023 | No longer available | - | |
| No longer available | |||
| Aug 15, 2023 | Listed by Fathom Realty LLC | $299,000 | |
| Listed by Fathom Realty LLC | |||
| | |||
|
GREAT INCOME PRODUCING PROPERTY. Beautiful home in highly sought after Spring Meadow. Tenant in place until Feb. 2024. Move in ready, spacious bedrooms, well maintained, large fenced in backyard, fantastic neighborhood. Spacious living room with wood burning stone fireplace is open to the eat in kitchen. Close to all the amenities of Rockwall, Lake Ray Hubbard and a short drive to Dallas. Come see this beautiful home today.
All information deemed reliable but not guaranteed. It is the responsibility of the buyer to verify all information. The manager has listed the unit size as 1546 square feet.
| |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017