7305 Crofton 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 3, 2025 | Sold | ||
| Sold | |||
| Apr 18, 2025 | Listed by Dave Perry Miller Real Estate | $789,900 | |
| Listed by Dave Perry Miller Real Estate | |||
| Aug 31, 2022 | Sold | ||
| Sold | |||
| Jun 24, 2022 | Listed by Compass RE Texas, LLC | $719,900 | |
| Listed by Compass RE Texas, LLC | |||
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Welcome to the highly coveted Merriman Park! This updated mid-century modern home sits on a quarter acre lot with a pool and yard space. Large, new windows and beautiful engineered hardwood flooring greet you when you walk in. This home features the perfect layout with 2 living spaces, a private guest suite, secluded primary bedroom with access to the gorgeous backyard, and a courtyard in the middle. The front living room features a wet bar, statement fireplace wall and ample natural light, and the second living room contains beautiful built-ins. Upon stepping into the backyard, you will be greeted with a beautiful courtyard, large pool, grass space for four-legged friends and a cozy screened-in porch for a rainy day. Recent updates include new landscaping, new roof, and interior and exterior paint. See uploads for a full list!
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| Aug 14, 2020 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017