6618 Northridge Trace Lane
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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 |
|---|---|---|---|
| Oct 21, 2024 | Sold | ||
| Sold | |||
| Oct 15, 2024 | In contract | - | |
| In contract | |||
| Oct 7, 2024 | Listed by eXp Realty LLC | $274,900 | |
| Listed by eXp Realty LLC | |||
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Rare 1 story with corner lot in sought after subdivision of Spring Terrace. This charming home located in the highly acclaimed Klein ISD, close to major shopping centers & eateries easy access SH99/Grand Parkway. Featuring well-maintained 3 bedrooms, 1 flex room, 2 baths with more than 1900 square feet of living area this home went through a few updates: laminate flooring; kitchen updated with under mount sink, plumbing fixtures, light fixtures, garbage disposal, dishwasher,fans, garden tub master. Large primanry bath with walk-in closet. Large secondary bedrooms and a home office which can turn into another bedroom. Large backyard with enclosed patio. Low tax rate. Call to schedule your appointment today.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017