5438 Dovetail Arbor Trace
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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 |
|---|---|---|---|
| Oct 6, 2021 | Sold | ||
| Sold | |||
| Jul 15, 2021 | Listed by RE/MAX Integrity | $240,000 | |
| Listed by RE/MAX Integrity | |||
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Welcome to your new home at 5438 Dovetail Arbor Trace! There is so much to love about your new home. In this fabulous location, the Energy Corridor is right around the corner along with I-10, Hwy 6, Beltway 8, Hwy 290 - you can zip to anywhere you want to go. The recently built, split-floorplan, three-bedroom two-bathroom home has energy efficient features everywhere you look. Upgraded appliances, open concept floorplan, high ceilings, vinyl flooring, carpeted bedrooms, radiant barrier, tankless water heater, ceiling fans, a spacious backyard with a covered patio - you really need to see this home. Claim it for yourself before it is gone!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017