7225 Mcleod 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 |
|---|---|---|---|
| Aug 4, 2025 | Sold | ||
| Sold | |||
| Jun 16, 2025 | In contract | - | |
| In contract | |||
| Apr 24, 2025 | Listed by Real Broker, LLC. | $330,000 | |
| Listed by Real Broker, LLC. | |||
| Nov 22, 2023 | Sold | ||
| Sold | |||
| Oct 23, 2023 | Listed by Arnold-REALTORS | $305,000 | |
| Listed by Arnold-REALTORS | |||
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Beautiful 4 bedroom in South Lake Estates! Wylie East Schools. Great curb appeal! High ceilings in living area with beautiful stone fireplace! Wood look tile flooring is gorgeous! Open kitchen to living. Beautiful granite counter tops in kitchen and large breakfast bar! SS appliances and great pantry. Split bedroom arrangement. Primary bedroom is large with beautiful primary bathroom attached. Separate tub and large shower plus double sinks with granite in this awesome master bath! 2 large, walk-in closets! 3 bedrooms and guest bath down another hall off the living area. Mud area off laundry room. Backyard Oasis!! Big covered patio with pergola! Large yard with room to play, plant a garden, etc. No homes behind it. Views of the hills! Home located on a cul-de-sac for more added privacy! Must see!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017