5403 Karenbeth Drive
About This Property
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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 2, 2022 | Sold | ||
| Sold | |||
| Aug 22, 2022 | Listed by NextHome Realty Center | $250,000 | |
| Listed by NextHome Realty Center | |||
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Lovely 1-story home in Glencairn. Perfect property as a starter home or an investment. The nice-sized family room will be just the place for relaxing after a hard day’s work or watching the big game football game this season. The living/dining room combo will be perfect for every day meals or even a small dinner party. You will find ample counter tops and storage space in the kitchen and love that it is open to the family room. The primary bedroom has its own bath with a walk-in shower and generous closet. Two secondary bedrooms share an adjacent bath. You'll want to spend your evenings and weekends on the covered patio. Close to CFISD schools, restaurants, and shopping. Commuters can easily take HWY 6 to I-10 or HWY290. Bear Creek Park is nearby.
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About Glencairn
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017