581 Imagine Drive
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 |
|---|---|---|---|
| Apr 11, 2024 | No longer available | - | |
| No longer available | |||
| Apr 3, 2024 | Price Decreased |
$476,999
↓ $20K
(4%) | |
| Price Decreased | |||
| Nov 3, 2023 | Listed by Leslie Cain Realty, LLC | $496,999 | |
| Listed by Leslie Cain Realty, LLC | |||
| | |||
|
Newly constructed 4 bedroom home in top-tier Lindale ISD. Builder offering rate buy down!! Custom glass and iron doors provide a grand entrance to welcome you and your guests. This spacious home has gorgeous tile flooring, creating a seamless flow in its open living concept. The kitchen island provides additional seating while gathering in the main area of the home. Each bedroom offers generous square footage, including walk-in closets. Main bedroom is a split design with dual vanities, walk-in tile shower and soaking tub. The large covered back porch is perfect to enjoy the fenced in back yard. This residence is located in a quiet cul de sac with neighborhood amenities such as newly renovated pool, pool house, sidewalks, underground utilities, curb and gutter streets and high speed internet. Explore the perfect blend of comfort and educational excellence. The manager has listed the unit size as 2313 square feet.
| |||
| Jan 27, 2023 | Sold | ||
| Sold | |||
| Jan 11, 2023 | No longer available | - | |
| No longer available | |||
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About Penny Lane Estates
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Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20032044
Details provided by NTREIS and may not match the public record
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017