5577 Mare Ln
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 |
|---|---|---|---|
| Dec 31, 2024 | Sold | ||
| Sold | |||
| Dec 17, 2024 | In contract | - | |
| In contract | |||
| Dec 6, 2024 | Listed by RE/MAX Professionals | $539,900 | |
| Listed by RE/MAX Professionals | |||
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**Contact Lennar today about Special Financing for this home - terms and conditions apply***Available NOW! Beautiful Tabor 2-story in Timnath Lakes is on a corner home site and features 3 beds, 2.5 baths, great room, kitchen, unfinished basement and a 3 car garage. Beautiful upgrades and finishes including a washer/dryer, large kitchen island, stainless steel appliances, luxury vinyl plank flooring and more. Lennar seamlessly blended & showcased the unparalleled beauty of Colorado with the most innovative homes, energy efficient technologies & modern conveniences, bringing the best of both worlds together. Beautiful finishes and upgrades throughout. Lennar provides the latest in energy efficiency and state of the art technology with several fabulous floorplans to choose from. Energy efficiency, and technology seamlessly blended with luxury to make your new house a home. Timnath Lakes offers single family homes for every lifestyle. Close to dining, shopping, entertainment and other amenities. Welcome Home! Photos and walkthrough tour are model only and subject to change. Future amenities to include a rec center, fitness facility, pool, manmade lakes (that should allow paddleboarding), community garden and park.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017