7316 Folkstone Drive
About This Property
PAID IN FULL, SOLAR PANELS INCLUDED AT NO COST TO BUYERS! Gorgeous newly remodeled home awaits you! Property offers 3 bedroom 2 full bath semi open concept living. Many beautiful upgrades were done to the house including but not limited too, fresh paint throughout, new flooring, stunning quartz countertops, new light fixtures and plumbing fixtures. Every detail of this house was well thought out to please their new owners. Solar panel contract and recent electricity bills attached in transaction desk. Buyer and buyers agent to verify information herein.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jun 16, 2023 | Sold | ||
| Sold | |||
| May 9, 2023 | Listed by Bell Realty Company | $258,500 | |
| Listed by Bell Realty Company | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017