5310 Nero Lake Drive
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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 |
|---|---|---|---|
| Sep 9, 2024 | Sold | ||
| Sold | |||
| Aug 8, 2024 | In contract | - | |
| In contract | |||
| Aug 2, 2024 | Listed by General Property & Services | $279,000 | |
| Listed by General Property & Services | |||
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Make this charming one-story brick and stone accented 3 bed, 2 bath property yours today! Featuring an open kitchen, indoor utility room, nine foot ceilings, and a breakfast bar with granite countertops. Enjoy the peaceful neighborhood with no back neighbors and no flooding. Located in the highly acclaimed CYPRESS-FAIRBANKS ISD. With 1812 square feet of living space and a lot size of 5604 square feet, this well-maintained home is a dream come true. Don't miss out on the opportunity to live in this prime location with easy access to schools, Energy Corridor, and major highways. Contact us now!
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| Feb 20, 2020 | Sold | ||
| Sold | |||
| Dec 5, 2019 | Listed by Berkshire Hathaway HomeService | $209,000 | |
| Listed by Berkshire Hathaway HomeService | |||
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One Stop to check all the boxes for your dream Brick w/ Stone Accent One Story Home: 3 bedrooms, 2 full baths (including separate shower/garden tub in Master), stunning tile entry to wood polished formal dining/study, along with an open kitchen/living room concept, showcasing the granite counters, ceramic tile backsplash, and beautiful breakfast bar overlooking the spacious upgraded floor flow. The TLC is evident from the original homeowner! No Back Neighbor is Bonus! Double Bonus is NO FLOODING! Added bonus is the easy access to acclaimed Cy-Fair Schools, Energy Corridor, I-10, 290, and 99, where amazing Retail & Recreation Convenience can be found in any direction! This is the prime location and this is the prime time, New Year 2020, to claim this lovely home as your very own!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017