721 Oteca 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 |
|---|---|---|---|
| Jul 18, 2023 | Sold | ||
| Sold | |||
| May 8, 2023 | Listed by Divvy Realty | $344,000 | |
| Listed by Divvy Realty | |||
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MULTIPLE OFFERS RECEIVED -HIGHEST AND BEST OFFER MONDAY AT 12 PM This spacious 4-bedroom, 3-bathroom home is located on a quiet street in the desirable city of De Soto, TX. As you enter the home, you're greeted by a large living room with plenty of natural light and a floor plan that flows into the dining area and kitchen. The kitchen has ample cabinet space, and a large island perfect for entertaining. The master bedroom is a true retreat, featuring a walk-in closet and an en-suite bathroom with a luxurious soaking tub, separate shower, and dual vanity. Outside, the backyard is perfect for summer barbecues and family gatherings. The covered patio provides a shaded area to relax and enjoy the outdoors, while the expansive yard is perfect for kids and pets to run and play. Additional features include a 2-car garage, laundry room, and plenty of storage throughout. Located in a quiet neighborhood, this home is just minutes from shopping, dining, and entertainment, and major highways.
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| May 3, 2022 | Sold | ||
| Sold | |||
| Apr 15, 2022 | Listed by Texas Premier Realty North Cen | $315,000 | |
| Listed by Texas Premier Realty North Cen | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017