5431 Ursula 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 |
|---|---|---|---|
| Jun 25, 2021 | Sold | ||
| Sold | |||
| Apr 9, 2021 | Listed by Dave Perry Miller Real Estate | $4,795,000 | |
| Listed by Dave Perry Miller Real Estate | |||
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Custom home on 1+ acre in Lobello Estates of Preston Hollow offers country club experience in one's own backyard. Designed by Clay Nelson & built by Alan Nixon, this Country French manor boasts steel framing & all-stone exterior to match strength with beauty. Expansive living areas & terraces overlook sports field-sized yard with saltwater pool. Geothermal HVAC (25 wells) drives energy efficiency. Mahogany library with barrel rolled ceiling epitomizes quality construction, while enclosed bar & 1200-bottle wine cellar exude hospitality. First floor guest bedroom & elevator access to 4 ensuite bedrooms up, incl master suite & guest quarters with kitchenette. New slate roof, copper gutters & paint just completed.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017