5748 Derek Way
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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 |
|---|---|---|---|
| Apr 13, 2021 | Sold | ||
| Sold | |||
| Mar 11, 2021 | Listed by JPAR Arlington | $339,000 | |
| Listed by JPAR Arlington | |||
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Multiple Offers Highest and Best due Sunday 14th at 7p. You won't want to miss this home with its very own backyard paradise. The backyard privacy, salt water pool with a hidden grotto, separate hot tub, outside shower, grill & bar is one of a kind! Downstairs master suite with double vanities & soaking tub. Upstairs features a game room big enough for a pool table in addition to a media room which could also be the perfect space for a home office. Enjoy the views from the back porch overlooking the preserve. Home is located in a very quiet and active neighborhood with Mansfield ISD schools. HOA maintains the pond, parks and hosts the community BBQ twice a year. 2 new water heaters and new pool pump.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017