721 Agave Drive
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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 7, 2021 | Sold | ||
| Sold | |||
| Aug 6, 2021 | Listed by Jones-Papadopoulos & Co | $689,900 | |
| Listed by Jones-Papadopoulos & Co | |||
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Located in Windsong Ranch, home to the 5 acre Crystal Lagoon, this 8 month new Highland home is situated on a oversized cul de sac lot. 1st floor has study with custom built ins, formal dining, guest room, full bath, & master suite with luxurious bath. Spacious family room with fireplace and 20' vaulted ceilings opens to kitchen with ample counter space, dbl ovens, gas cooktop, & oversized island. Upstairs includes 2 bedrooms with walk in closets,1 full bath, large game room has built in window seats with storage, exercise or play room with half bath. 2.5 car garage with utility sink. Extended cover patio overlooks large backyard, perfect for a pool. Under 1 year builder warranty until December 2021
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017