5315 Nero Lake Drive
About This Property
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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 |
|---|---|---|---|
| Dec 1, 2021 | Sold | ||
| Sold | |||
| Sep 27, 2021 | Listed by McKinnie Brokerage, LLC | $310,000 | |
| Listed by McKinnie Brokerage, LLC | |||
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Beautiful 2-Story Home 4 Bedrooms room sizes are estimates. Ceramic Tile Entryway,Designer Kitchen Granite Countertops W/Ceramic Tile Backsplash,Breakfast Bar,Master Bath Dual Vanity W/Garden Tub/Sep Shower,Ceramic Tile,Gameroom,Wrought Iron Staircase,Energy Efficient Low-E Windows,Tech-Shield,14 Seer Carrier HVAC, beauitful land scaping, Great Cy-Fair Schools,Close to Energy Corridor. Spacious back yard with custom build patio. Come See Your Future Home Today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017