7406 Windmill Lane
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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 |
|---|---|---|---|
| Jun 17, 2021 | Sold | ||
| Sold | |||
| Apr 29, 2021 | Listed by Better Homes & Gardens, Winans | $549,800 | |
| Listed by Better Homes & Gardens, Winans | |||
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Beautiful home in desirable SpringPark. 3 living areas on 1st level. TWO primary bedrooms..one on each level. Updated kitchen with high end appliances. Windows replaced thru out in 2016. Be sure to check out the oversized laundry room and the bonus climate controlled storage room. Large backyard grass is perfect for kids and pets! Gated driveway leads to detached garage with covered outdoor living area. Easy access to Geo Bush turnpike. Sherrill Park golf course just across Jupiter Road. Richardson ISD. Tennis courts and swimming pool in the neighborhood.
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About Spring Park
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017