5513 Hickory Leaf Drive
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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%.
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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 30, 2024 | Sold | ||
| Sold | |||
| Aug 29, 2024 | In contract | - | |
| In contract | |||
| Jul 19, 2024 | Listed by Keller Williams Realty Cary | $1,268,000 | |
| Listed by Keller Williams Realty Cary | |||
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Luxury Living in desirable Commonwealth Estates at Enchanted Oaks, a pool and tennis community! Gorgeous custom home near Lake Wheeler with rocking chair front porch on almost an acre of landscaped beauty. Comfortable elegance abounds in this 4-sided brick/stone home from the open floor plan, allowing for easy gathering & entertaining, to the inviting stone fireplace. Chefs kitchen has center island w/attached casual seating, granite counters, designer backsplash, gas cooking & stainless appliances. Enjoy the peaceful serenity of the private & fenced backyard from the screened porch or from the paver patio w/wood-burning fire pit. The flexible floor plan includes a suite equipped w/full kitchen, bedroom, full bath, living room & laundry room; perhaps an in-law suite or a multi-generational living solution. Guests, family or friends can access the suite via a private front porch entrance or you can expand your living footprint by way of the interior access door. And there's room for everyone to park in the 4 car attached garage bays. Office space opportunities in the private office off of bonus room or the built-in nook off of the kitchen. Fresh interior paint. New Carpet. Concrete pad in tall portion of crawlspace. Tankless H2O. Oversized closets w/wood shelving. Walk-up attic for storage or future expansion. Serial numbers from HVACs show manufacture dates of 2019 and 2021. Newer well pump. Vivint home security system & cameras.
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| Jun 22, 2016 | Sold | ||
| Sold | |||
| Feb 4, 2016 | Listed by Re/Max One Realty | $699,000 | |
| Listed by Re/Max One Realty | |||
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About Commonwealth Estates
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017