6971 NW 63rd Way
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%.
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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 8, 2017 | Sold | ||
| Sold | |||
| Jul 30, 2017 | Listed | $1,250,000 | |
| Listed | |||
| | |||
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Custom estate on 1.09 acres on the North side of Pine Tree Estate section of Parkland. Hurricane protection on all windows and doors and whole house generator. 6-car garage, 3-way split floor plan, spacious rooms, all bedrooms with walk-in closets, volume ceilings and 8' doors throughout. Huge custom kitchen, with center island, induction Wolf cook top, sub-zero refrigerator, and double ovens. Enormous screened patio area with solar heated salt water pool & outdoor summer kitchen plus reverse osmosis water system. Meticulously maintained with $350,000 in improvements and upgrades and much more......The manager has listed the unit size as 4310 square feet.
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| Apr 12, 2017 | Listed by RE/MAX Select Group | $1,199,000 | |
| Listed by RE/MAX Select Group | |||
| Dec 6, 2007 | Sold | ||
| Sold | |||
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About Parkland
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$10,000 /mo
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$3,800 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017