706 Houston Road
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 |
|---|---|---|---|
| Jan 22, 2025 | Sold | ||
| Sold | |||
| Dec 7, 2024 | In contract | - | |
| In contract | |||
| Nov 30, 2024 | Listed by EXP Realty LLC Mooresville | $480,000 | |
| Listed by EXP Realty LLC Mooresville | |||
| Nov 29, 2023 | No longer available | - | |
| No longer available | |||
| Oct 20, 2023 | Listed by Exp Realty, LLC | $500,000 | |
| Listed by Exp Realty, LLC | |||
| | |||
|
You've found the ONE! Full brick ranch newly updated on almost an acre level lot! Beautiful open plan with high ceilings. Formal dining and living areas or make one an office/playroom! The perfect sized family room with fireplace and windows overlooking the private rear yard. Sunny breakfast nook and bar-a true chef's kitchen! New quartz countertops and Thermador gas stove! Wonderful primary retreat with access to covered rear porch. Garden tub and separate shower, dual sinks, walk in closet. 3 additional bedrooms and secondary bath on the opposite side of the home! Spacious laundry room with storage. Covered front and rear porches. Fenced yard and huge storage shed! 2 car garage. Majority of the home has been freshly painted, new flooring, freshly painted kitchen cabinets. Located in the fast growing sought after area of Troutman. Close proximity of shopping, interstates and Lake Norman State Park. Country living without the commute! This home is perfect!! The manager has listed the unit size as 2188 square feet.
| |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017