7132 Lake Paloma Trail
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 |
|---|---|---|---|
| Mar 8, 2024 | Sold | ||
| Sold | |||
| Dec 29, 2023 | Withdrawn | - | |
| Withdrawn | |||
| Dec 27, 2023 | Listed by HomeSmart | $1,499,000 | |
| Listed by HomeSmart | |||
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| Feb 26, 2021 | Sold | ||
| Sold | |||
| Feb 3, 2021 | Listed by RE/MAX Space Center-Clear Lake | $875,000 | |
| Listed by RE/MAX Space Center-Clear Lake | |||
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Beautiful Updated 5 - Bedroom 2 Bedrooms Down, 4.5 Bath home with Oversized Air Conditioned 5 Car Garage. Across From Lake and Walking Distance to Park/Pool and Playground. Outstanding Features include Extensive Hardwood Floors, Wrought Iron Spindles, Island Kitchen with Designer Granite & SS GE Monogram Appliances. Large Game Room with Separate Step Down Media Area & Generous Sized En Suite Bedrooms. Wrought Iron Fencing in Front with Automatic Driveway Gate. Enlarged Covered Patio in Back with Outdoor Kitchen - Hot Tub - Over Sized Yard For All Your Entertaining.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017