7502 Renmark 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.
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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 22, 2024 | Sold | ||
| Sold | |||
| Feb 21, 2024 | In contract | - | |
| In contract | |||
| Feb 12, 2024 | Listed by Abide Property Management, LLC | $310,000 | |
| Listed by Abide Property Management, LLC | |||
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One owner single story super clean home shows pride in ownership-- both inside & out. Three time "Yard of the Month" award located on a cul-de-sac street. Numerous updates include: Kitchen redo in 2017 w/ white cabinets, black quartz countertops,& pull out drawers. PEX water lines in attic in 2018. Roof in 2015. Double paned windows and custom shutters. Main living area has high ceiling, hard surface flooring, built in cabinet, gas fireplace w/ custom mantle overlooking lovely view of backyard w/flagstone patio. Additional attic insulation added in 2022. Ruud air conditioner in 2021. Primary bath has large shower. Utility room is inside & has extra storage space. Nice sized linen closet in hallway. Full sprinkler system. Detached garage has hardie plank siding, replaced rafters & workbench w/ tool storage. Awesome location super close to Methodist Hospital, Vintage Shopping Center, Willowbrook Mall,Champions area, YMCA & numerous restaurants. Cypress Fairbanks schools. Hidden gem!
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About Prestonwood Forest
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017