5626 Ivory Mist 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 |
|---|---|---|---|
| Sep 18, 2020 | Sold | ||
| Sold | |||
| Aug 18, 2020 | Listed by Citiquest Properties | $299,900 | |
| Listed by Citiquest Properties | |||
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Looking for an investment property? Your search is over!! This beautifully maintained home already has a tenant in place through June of 2022!! Located in a gated community in the energy corridor area with easy access to I-10! Open floor plan with wood flooring, ceramic tile, dual sided gas log fireplace & an island kitchen. Home was updated in 2014. Large master suite has a two story master closet thats allows for extra storage. Lovely back yard with no rear neighbors. Excellent neighborhood with many amenities. Great rental history!! HOME DID NOT FLOOD DURING HARVEY!! CURRENT LEASE IS IN PLACE UNTIL 6/30/2022.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017