7616 Apache Trail
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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 |
|---|---|---|---|
| Jan 25, 2023 | No longer available | - | |
| No longer available | |||
| Jan 5, 2023 | In contract | - | |
| In contract | |||
| Nov 19, 2022 | Price Decreased |
$325,000
↓ $5K
(1.5%) | |
| Price Decreased | |||
| Sep 2, 2022 | Listed by Carrie Knutson, Broker | $330,000 | |
| Listed by Carrie Knutson, Broker | |||
| | |||
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Old school front and rear porch and patio. Quiet small family neighborhood. New 24’x24’ parking cover, easy parking for 6-8 cars in front. Rear yard is huge, easily park multiple RV’s, boats or other toys in the rear yard. Partially enclosed fire pit in the back of the yard. A framed 8’x12’ enclosed shed.The kitchen and bathrooms have completely new tile and glass enclosures. A farm sink in the kitchen, stainless steel hood, microwave and oven/range. New toilets and vanities in the bathrooms. The house is heated and cooled by two Mini-split heat pumps, in addition to a natural gas wall furnace. All windows are dual pane vinyl. As The spare room has a built in queen size Murphy-bed. The bedroom closets are brushed nickel with mirrored sliding doors. Living-room has a custom electric fireplace for heat and ambiance. Fresh outside paint, screens and doors. Custom fence surrounds the entire property with a good shingle roof. Composite wood floors throughout, indoor laundry room plumbed for gas or electric. The manager has listed the unit size as 1008 square feet.
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| Aug 2, 2022 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017