7502 Cuadro Lane
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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 |
|---|---|---|---|
| Oct 4, 2024 | Sold | ||
| Sold | |||
| Oct 2, 2024 | Listed by Blanton Properties | $1,779,000 | |
| Listed by Blanton Properties | |||
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Gorgeous home located in the gated community of Ravenna. This home features wood flooring throughout, quartz & marble counters, Fisher & Paykel appliances, beautiful tile roof, located on a large lot. Entry opens to 12' ceilings in the living room. Island kitchen and a large walk-in pantry. 10' sliding glass doors open to the back yard. Second level has 3 bedrooms + a game room. Elevator capable, three car garage. Ravenna offers an incredible resort style pool with loggia, outdoor dining area and large dog park. Excellent close-in location near the Galleria and Memorial Park. Zoned to Spring Branch Middle, Memorial High School and walking distance to Awty International School.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017