5915 Templegate Drive
About This Property
Located in the heart of the Champions Area, this home is close to fine dining, shopping and parks.
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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 |
|---|---|---|---|
| Jun 16, 2022 | Sold | ||
| Sold | |||
| May 17, 2022 | Listed by RE/MAX Universal | $319,000 | |
| Listed by RE/MAX Universal | |||
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In 1970, this custom built Greenwood Forest home was State Of the Art with features like Large Bay Windows, Copper Awning, Built-in Furniture and Pocket Doors. Meticulously clean and well maintained, this home features two bedrooms on the first floor, the second bedroom could be a nursery, a room for an aging parent or an office. There's plenty of room in the Kitchen for creative chefs. The home has Both formals and a Breakfast Room. The huge backyard has a covered patio and there's a carport in the double-wide driveway for covered parking. Three bedrooms upstairs with a hall bath. Greenwood Forest "broke ground" before The Woodlands or Kingwood and was the premier subdivision in the 70's for Oil Executives and CEOs and the homes are still stately and beautiful.
Located in the heart of the Champions Area, this home is close to fine dining, shopping and parks.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017