548 Marcelene 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 |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Apr 20, 2020 | Sold | ||
| Sold | |||
| Mar 30, 2020 | In contract | - | |
| In contract | |||
| Mar 9, 2020 | Listed | $199,500 | |
| Listed | |||
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Must see custom built Elysian Fields ISD, 3 bedrooms, 2 bathrooms, 2 car garage home on 1 acre and under $200,000. The spacious kitchen showcases custom built cabinets, Tumbled stone backsplash and Corian countertops. 14 SEER HVAC with heat pump, extra insulation resulting in an extremely efficient home with very low utility cost (Water & Electric less than $80 per month). The slab on this home is built with the highest standards of a post-tension grid system. screened in back patio porch is 200 square feet in size and you still have another 100 square feet of open patio for grilling, etc. When it's cold outside, cozy up to the wood-burning fireplace in the family room and hear the wood crackling. The manager has listed the unit size as 1430 square feet.
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| Feb 26, 2020 | Listed by Ramsey Realty Group | $199,500 | |
| Listed by Ramsey Realty Group | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017