7418 Universal Drive
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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 United Real Estate Austin | $216,000 | |
| Listed by United Real Estate Austin | |||
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Great Location! Owner remodeling the house including AC, new roof (replaced in 2018), laminate floor throughout, electric system ,plumbing, installed 24 panels solar system(paid off !!!) which could produce 7200 watts. This will save you lots of money for your utility bills. Recently paint! Huge back yard with large patio and deck for your entertainment with family members or friends. This is MUST see property and won't last long.
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About Westside
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017