720 Biltmore Lane
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 |
|---|---|---|---|
| Apr 10, 2026 | Sold | ||
| Sold | |||
| Mar 14, 2026 | In contract | - | |
| In contract | |||
| Jan 5, 2026 | Listed by Compass RE Texas, LLC | $1,400,000 | |
| Listed by Compass RE Texas, LLC | |||
| Dec 14, 2023 | Sold | ||
| Sold | |||
| Sep 20, 2023 | Listed by RE/MAX DFW Associates | $1,300,000 | |
| Listed by RE/MAX DFW Associates | |||
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This stunning home boasts four spacious bedrooms, an office perfect for remote working, and 3.5 bathrooms that offer top-of-the-line fixtures and finishes. The 3 car garage provides ample space for your vehicles or can be utilized as extra storage space. Walking into the living room, you will immediately be captivated by the floor-to-ceiling sliding glass doors, which provide a seamless transition from the indoor living space to the outdoor paradise. The focal point of the room, however, is the magnificent stone fireplace, which adds a touch of rustic elegance to the modern design. Stepping outside onto the large back patio, you will find a space perfect for entertaining, with plenty of room for outdoor dining and relaxation. A few feet ahead, you'll see the beautifully crafted pool and spa, inviting you to unwind after a long day. The home's idyllic location next to a pond will make you feel as though you've escaped to your own private retreat. Come claim your at home paradise today!
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About Prosper
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$8,500 /mo
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$3,200 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017