7505 Cross Gate Way
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 |
|---|---|---|---|
| Aug 19, 2024 | Sold | ||
| Sold | |||
| Jul 17, 2024 | In contract | - | |
| In contract | |||
| Jun 22, 2024 | Price Decreased |
$495,000
↓ $40K
(7.5%) | |
| Price Decreased | |||
| May 20, 2024 | Listed by Dwell Realty | $535,000 | |
| Listed by Dwell Realty | |||
| | |||
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Discover the perfect blend of luxury and convenience in this exquisite 3 bed, 2 bath garden home located in The Crossing! Situated on a scenic corner lot in a gated community, this home boasts high end finishes and luxurious ensuite bathrooms, offering a touch of elegance throughout. Step inside to find a spacious, open concept living area that includes a gorgeous kitchen, office, and dining space. The split floor plan ensures privacy, with 2 primary suites featuring luxurious ensuite baths and roomy walk in closets. The large covered patio provides a serene setting to enjoy the peaceful water views, complete with a built in grill and fridge, making it an ideal spot for relaxation and entertaining. This home is perfect for those looking to downsize without compromising on quality and comfort. Enjoy all the benefits of newer construction in one of Tyler's premier communities. Experience the best of garden home living at Cross Gate!
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| Jan 5, 2021 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017