7524 N North Loop Drive
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 |
|---|---|---|---|
| Apr 13, 2021 | Sold | ||
| Sold | |||
| Feb 12, 2021 | Listed by Best Agents Real Estate Co LLC | $349,500 | |
| Listed by Best Agents Real Estate Co LLC | |||
| Sep 26, 2020 | No longer available | - | |
| No longer available | |||
| Sep 2, 2020 | Listed | $399,000 | |
| Listed | |||
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ACREAGE in the middle of the city. The property is a total of 1.7 acres loaded with vegetation and an amazing canopy to keep you cool all year long. Property also has irrigation for the 25 mature pecan trees, one fig tree and one producing grape vine along with large manicured green areas. The property is also home to 7 chickens and a coup that will remain. The main house is a three bed two bath, 3000 sq ft, single level with updated bathrooms with heated floors and updated formal living area. Master bedroom is a massive with walk in closets. The home features two refrigerated units, updated double pane windows, hardwood floors and a pocket garden in the master bedroom. the roof was redone five years ago for peace of mind. Second home is a fully functional furnished AIRBNB. The unit has been functional for over 5 years and produces at least $1500 every single month. its a one bed one bath with living room and kitchenette with refrigerated air. The manager has listed the unit size as 3037 square feet.
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| Nov 30, 2007 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017