702 Michael Lane
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Apr 4, 2022 | Sold | ||
| Sold | |||
| Aug 18, 2021 | Listed by BOURQUIN REALTY | $268,000 | |
| Listed by BOURQUIN REALTY | |||
| | |||
|
This house has been remodeled, with an upgraded kitchen, and new wood floors throughout the house. Freshly painted and the bathrooms have also been upgraded. There is a large backyard, and a large patio. There is also additional parking in front of the garage for company. The house has a fireplace in the living area, and an additional front room for a study, den, or office. There are double doors going to the back patio from the living room, and also double doors going to the patio from the master bedroom.
| |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
About Mineral Wells
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$1,700 /mo
- 3 Beds
- 1 Bath
- 1,043 ft²
$3,700 /mo
- 4 Beds
- 3 Baths
- 2,991 ft²
Last Updated: 6 months ago
Data Source: NTREIS MLS, MLS# 14652259
Details provided by NTREIS and may not match the public record
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017