5318 Ashmere Lane
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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 |
|---|---|---|---|
| Mar 24, 2021 | Sold | ||
| Sold | |||
| Feb 13, 2021 | Listed by eXp Realty, LLC | $244,900 | |
| Listed by eXp Realty, LLC | |||
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Beautiful Swimming Pool with Gated access from home. Freshly remodeled kitchen cabinets and new paint. Brand New Dishwasher, A/C Units, and Heater in 2020. New Roof in 2017. All copper pipes have been replaced with Flex piping throughout entire home! Zoned to Klein ISD Schools and close to major shopping centers. Quick Access to Grand Parkway, I-45 and 249. This home won't last long. Schedule your private showing today! Roses in front yard are Beautiful!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017