5402 Star Wish Lane
About This Property
This open design from Meritage has everything: Kitchen with TONS of storage, Formal Dining / Living /Study / Primary Bedroom Down, Game Room and Media Room. Outside has a kitchen overlooking a heated pool / oversized spa / waterfall. Mature trees & landscaping and zoned to Seven Lakes High School. Brand new paint as of a week ago....You REALLY need to call today!
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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 |
|---|---|---|---|
| Jul 27, 2022 | Sold | ||
| Sold | |||
| Jun 2, 2022 | Listed by Real Broker, LLC | $640,000 | |
| Listed by Real Broker, LLC | |||
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Open House this Saturday 18th from 12:00-4:00
This open design from Meritage has everything: Kitchen with TONS of storage, Formal Dining / Living /Study / Primary Bedroom Down, Game Room and Media Room. Outside has a kitchen overlooking a heated pool / oversized spa / waterfall. Mature trees & landscaping and zoned to Seven Lakes High School. Brand new paint as of a week ago....You REALLY need to call today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017