627 Bendwood Drive
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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%.
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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 |
|---|---|---|---|
| Dec 30, 2020 | Sold | ||
| Sold | |||
| Jan 15, 2020 | Listed by Greg Lacy and Associates | $650,000 | |
| Listed by Greg Lacy and Associates | |||
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Wonderful location! Three houses away from Bendwood Park. Close to the pool and tennis facilities. Zoned for Frostwood Elementary, Memorial Jr. High and Memorial Sr. High School. Lovely game room and large utility room. Great Family home! Five bedrooms. 3054 sq. ft. This home is in great condition and it has never flooded!! It's in FEMA zone X which is Not in the flood plain! Washer, dryer, refrigerator included. Pecan tree, Oak tree and a Medjool date tree. Large garage. Cul-de-sac street. Great area for gentrification. Lots of new construction in the area. Convenient to the Energy Corridor and Memorial City Hospital area. If your child is in gifted and talented classes, The Bendwood School is just around the corner. Very desirable area.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017