5801 Petunia Lane
About This Property
What a great location! Charming enclave of Springfield Commons with a Parkway (in front) and Greenbelt (back) and within walking distance to schools, Rowlett park & nature preserve, fishing, bike trails, etc. Highly desired area in close proximity to everything. Cozy yet spacious home with all bedrooms and baths down and a spacious Game room and half bath upstairs. Recent upgrades include wood-look tile, lighting fixtures, 220V outdoor outlet, whole home surge protector, landscape lighting, and baby locks on all cabinets. This home has it all so don't miss your opportunity to live the good life!
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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 |
|---|---|---|---|
| Jan 31, 2022 | Sold | ||
| Sold | |||
| Dec 22, 2021 | Listed by Fathom Realty | $424,990 | |
| Listed by Fathom Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017