5506 Nodaway Lane
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 |
|---|---|---|---|
| Nov 21, 2022 | Sold | ||
| Sold | |||
| Sep 12, 2022 | Listed by Coldwell Banker Realty | $320,000 | |
| Listed by Coldwell Banker Realty | |||
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Move-in ready 3-bedroom 2 bath home located on a cul-de-sac in the well-established Terranova West. This spacious home has new paint throughout the home, new carpet in all four bedrooms and gorgeous vinyl floors in the entry, dining and study. The kitchen has lots of counter space, a breakfast nook and natural light from the surrounding windows. The den has a cozy fireplace and French doors that open into the study. The study has built-ins and a closet and could also be utilized as a large game room or bedroom. The primary bedroom is spacious and features a primary bathroom with a large walk-in shower and his/her walk-in closets. The secondary bedrooms also have large closets. The backyard features an abundance of trees and a covered patio. The extended driveway will lead you to the detached two-car garage. There is a walkway and entrance into the large laundry room. Zoned to Klein ISD conveniently located near shopping areas, grocery stores and entertainment.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017