7505 Back Stretch Dr
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 |
|---|---|---|---|
| May 17, 2021 | Sold | ||
| Sold | |||
| Jan 1, 2020 | No longer available | - | |
| No longer available | |||
| Nov 12, 2019 | Listed | $345,000 | |
| Listed | |||
| | |||
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Beautiful 3 bedroom 2 1/2 bath home built in 2017. Features include a spacious floor plan with vaulted ceilings, unfinished basement and a 3-car tandem garage. Master bedroom is complete with a 5-piece bath and a walk-in closet. Fully fenced backyard with sprinkler system and patio for sitting outside and enjoying the fresh air. Easy access to I-25, also includes a neighborhood park. The manager has listed the unit size as 2510 square feet.
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| Sep 18, 2017 | Sold | ||
| Sold | |||
| Jul 25, 2017 | Listed by Golba Group Real Estate LLC | $291,609 | |
| Listed by Golba Group Real Estate LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017