7618 Heritage Pines Drive
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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 |
|---|---|---|---|
| Jul 15, 2022 | Sold | ||
| Sold | |||
| Jun 11, 2022 | Listed by Boom Real Estate | $284,500 | |
| Listed by Boom Real Estate | |||
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Spacious 2-story home sits in a quiet cul-de-sac on a large lot. 4 bedrooms, 2.5 baths. Formal dining and a study (possible 5th bedroom). The kitchen offers an open floor plan into the family room. Crown molding throughout and built-in cabinetry surround the fireplace. Fenced-in backyard with a screened-in patio where you can enjoy a relaxing cool drink on those hot summer days. Backyard offers plenty of room for your very own pool. Detached garage in back with a long driveway (plenty of parking space). Mins from grocery stores, restaurants, and shopping. Close to Schools.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017