7254 Caracara Drive
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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%.
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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 29, 2023 | Sold | ||
| Sold | |||
| Aug 25, 2023 | Listed by Lucky Money Real Estate | $235,000 | |
| Listed by Lucky Money Real Estate | |||
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Beautiful one story home. Never flooded per seller!!! Open concept floor plan with vaulted ceilings. New 30 Year roof installed in October 2018. Light bamboo laminate in all open areas. Ceramic tile floors in kitchen and bathrooms. LOT PREMIUM, home backs up to a retention pond so NO BACK NEIGHBORS. Primary bathroom has been completely remodeled! Outdoor security system, new fence, and new tankless water heater! Home is zoned to Cy-Fair school district but still considered Houston. Home is conveniently located to HWY 290 with quick access to 610 loop.
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| Apr 11, 2019 | Sold | ||
| Sold | |||
| Jan 22, 2019 | Listed by BHHS Premier Properties | $199,900 | |
| Listed by BHHS Premier Properties | |||
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Beautiful one story home. NEVER FLOODED!!! Open concept floor plan with vaulted ceilings. New 30 Year roof installed in October 2018. Light bamboo laminate in all open areas. Ceramic tile floors in kitchen and bathrooms. LOT PREMIUM, home backs up to a retention pond so NO BACK NEIGHBORS. Custom shed built on site, approximately 2 years old. Shed is fully insulated, laminate wood flooring and has a 110 volt outlet running on it's own 30 amp breaker. Perfect for a "man cave" or "she shed" or private office. Home is zoned to Cy-Fair school district but still considered Houston. Home is conveniently located to HWY 290 with quick access to 610 loop.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017