707 DESERT CLOUD Drive
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 |
|---|---|---|---|
| Nov 1, 2024 | Sold | ||
| Sold | |||
| Sep 28, 2024 | In contract | - | |
| In contract | |||
| Sep 4, 2024 | Listed by ERA Sellers & Buyers Real Esta | $228,950 | |
| Listed by ERA Sellers & Buyers Real Esta | |||
| Jan 29, 2024 | Sold | ||
| Sold | |||
| Dec 14, 2023 | Listed by REAL Broker LLC | $240,000 | |
| Listed by REAL Broker LLC | |||
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Welcome to this spacious and cozy home in a desirable neighborhood! This 1504 sq ft house features 3 bedrooms, 2 1/2 bathrooms, and a loft. The primary room is downstairs and has 2 separate closets for your convenience. The house has refrigerated air to keep you cool in the summer and tile flooring downstairs for easy maintenance. There is carpet upstairs in the bedrooms and the loft. The loft can be used as an office, a playroom, or a media room. The separate hobby room is a bonus feature that has insulation, tile flooring, and electricity. You can use it as a workshop, a studio, or a storage room. The house is walking distance to the Horizon Mesa Park, where you can enjoy the playground, the basketball court, or the picnic area. All this for an affordable price! Don't miss this opportunity to own this beautiful home!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017