7475 Apache Trail
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 |
|---|---|---|---|
| Oct 4, 2022 | Sold | ||
| Sold | |||
| Jul 20, 2022 | Listed by HomeSmart | $350,000 | |
| Listed by HomeSmart | |||
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Come check out this AMAZING FLIP opportunity! Rare 2 story, 3 bedroom, 2 bathroom home with a wrap-around balcony with wooden floors, wooden shutters, and million dollar views!! The house has a long driveway and fenced yard making it tucked and nestled away from the street and is surrounded by beautiful trees and desert landscape. The yard has an assortment of unique desert plants and cactus. This house could be rented out or utilized essentially as 2 houses or a house with a mother in law suite. Downstairs has a massive garage that can easily be converted to a second living room and a counter and sink that can be easily converted into a second kitchen. There is also 2 large bedrooms, 1 bathroom and a large laundry room downstairs with plenty of cabinets and storage space. The rooms downstairs have artistic murals and wallpaper.The upstairs has a massive living room and kitchen with several large windows perfect for natural lighting and taking in some more of the views! The kitchen includes a beautiful wooden island that is moveable and decorative stained light fixtures on the ceiling. The master bedroom has a large walk in closet, and slider doors that access the wraparound porch and balcony. The backyard has been beautifully done and has a covered patio area with electrical hook ups for a spa already in place. This property has beautiful bones, and endless potential making it perfect for a flip/investment opportunity!!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017