7413 Armstrong Lane
About This Property
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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 |
|---|---|---|---|
| Mar 23, 2023 | Sold | ||
| Sold | |||
| Feb 24, 2023 | Listed by RE/MAX Advantage | $369,000 | |
| Listed by RE/MAX Advantage | |||
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MULTIPLE OFFERS RECEIVED! Highest and Best by Tuesday, 02-28 5:00 pm.
Conveniently located 2 miles from PGB Freeway. You will find 2689 sq feet of spacious living. This home features great curb appeal with a large fenced in back yard. 3 separate Living Areas plus formal dinning room leave many options for your needs: Office, Formal Living Room, Game Room, exercise room... the choice is yours. The First floor features beautiful arched entryways along with detailed staircase. Enjoy entertaining friends and family in your open large kitchen: featuring an island, cabinets galore, and built in desk. Guest bedroom with full bath allow for plenty of privacy. The 2nd floor features: Primary Bedroom features ensuite with HUGE Walk-In closet, Game room, 2 large bedrooms with shared bath. This property will not last long. Priced Right and Move-In Ready!
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| Jan 20, 2021 | Sold | ||
| Sold | |||
| Dec 18, 2020 | Listed by Opendoor Brokerage, LLC | $300,000 | |
| Listed by Opendoor Brokerage, LLC | |||
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This Rowlett two-story cul-de-sac home offers a two-car garage. This home is vacant and cleaned regularly. This home has been virtually staged to illustrate its potential! Thanks for viewing!
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Last Updated: 5 months ago
Data Source: NTREIS MLS, MLS# 14479528
Details provided by NTREIS and may not match the public record
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017