7115 Aurora Falls Lane
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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 |
|---|---|---|---|
| Feb 4, 2021 | Sold | ||
| Sold | |||
| Jan 2, 2021 | Listed by Abby Realty | $170,000 | |
| Listed by Abby Realty | |||
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Two stories, 3 bedrooms, 2 full bath and 1 half bath. Located in the great ALIEF ISD school district. Home is located in the corner. Great location for shopping and dinning, near High Way 6 south. It is really good investment opportunity. Drive by and check out this great neighborhood, with playground kids friendly. House needs some love and caring, but it is in a great location.
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Property Highlights
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About Lakes of Bellaire
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017