700 Heritage 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%.
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 9, 2024 | Sold | ||
| Sold | |||
| Aug 11, 2024 | In contract | - | |
| In contract | |||
| Aug 1, 2024 | Listed by Coldwell Banker Realty | $920,000 | |
| Listed by Coldwell Banker Realty | |||
| | |||
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Stunning two-story Home sitting on an oversized corner lot with lush landscaping. Expansive master suite upstairs includes a sitting area, Three additional bedrooms and a full bath are also located upstairs, while a fifth bedroom and another full bath can be found downstairs. The spacious family room, eat-in kitchen, living, and dining rooms offer plenty of space for entertainment and family gatherings. Step outside to your screened, roofed, and tiled patio, perfect for outdoor relaxation. The newly installed fenced backyard is a true oasis, featuring a resort-style pavered patio and a cozy fire pit. North Lakes offers fantastic amenities, including a pool, playground, and guardhouse security. Plus, you'll be in an area with A-rated schools, making it the perfect place for families.
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| Jun 14, 2021 | Sold | ||
| Sold | |||
| Feb 13, 2015 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017