7150 Phoenix 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 |
|---|---|---|---|
| May 15, 2023 | Sold | ||
| Sold | |||
| Feb 7, 2023 | Listed by KW SYNERGY | $294,900 | |
| Listed by KW SYNERGY | |||
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Recently introduced to the market in the Forrest Meadow subdivision. This large, fully open concept, situated on a corner lot is sure to capture consideration from potential buyers. The extensive living room boasts a corner fireplace that connects to the kitchen and dining room. The kitchen is supplied with a functional countertop that provides further prepping terrain or flexible seating choices. The living area is luminously lit by large windows looking out onto an oversized front porch. The abode has a separated design for more seclusion. The primary bedroom arrives with a cathedral roof, tiled shower and immersing bathtub. This house is fitted up throughout in vinyl tiling.
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| Jan 21, 2022 | Sold | ||
| Sold | |||
| Oct 8, 2021 | Listed by Keller Williams Realty | $254,400 | |
| Listed by Keller Williams Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017