6716 Azalea 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 30, 2024 | Sold | ||
| Sold | |||
| Oct 7, 2024 | In contract | - | |
| In contract | |||
| Sep 20, 2024 | Price Decreased |
$1,325,000
↓ $100K
(7%) | |
| Price Decreased | |||
| Aug 16, 2024 | Listed by Dave Perry Miller Real Estate | $1,425,000 | |
| Listed by Dave Perry Miller Real Estate | |||
| | |||
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Move-in ready under $1.5M in the Fairway of Preston Hollow! Fully remodeled in 2020-21 and further improved by the current owners, with upgrades including a dedicated study, formal dining room with marble buffet, and bar with wine fridge. Recent kitchen updates include a new marble island top, designer backsplash, dishwasher (Bosch), Thermador venthood, and built-in island microwave. Oversized master enjoys a walk-in shower, soaking tub and huge custom closet. Split floor plan gives total privacy between the master retreat and three secondary bedrooms - two of which are large enough to double as play rooms. Hall laundry accommodates full-sized machines and extra storage. Outdoors, enjoy multiple hardscape living spaces with a pergola and fan to stay cool, in addition to a television, gorgeous shade tree and tons of room for a pool. Direct backyard access to Northaven Trail enables cycling to White Rock Lake and beyond.
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| Jul 21, 2021 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017