717 Verde 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 |
|---|---|---|---|
| Sep 14, 2020 | Sold | ||
| Sold | |||
| Apr 8, 2020 | No longer available | - | |
| No longer available | |||
| Jan 27, 2020 | Listed by Century 21 A-One Realty | $218,900 | |
| Listed by Century 21 A-One Realty | |||
| Dec 14, 2019 | Listed | $65,000 | |
| Listed | |||
| | |||
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Perfect lot to build your dream home. Awesome neighborhood with no restrictions! Build a shop. Bring your pets. Outside city limits so lower taxes. Loacted just minutes from the Chisholm Trail allows for quick commute to either Fort Worth or Cleburne. Tons of ammenities coming to the area over the next few years. If you are looking to build, the seller would love to help you design and build your beautiful custom home on this lot as they have for over 30 other homeowners in this neighborhood.
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| May 30, 2019 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017