7650 Venice Drive
About This Property
The spacious master suite boasts a custom tile shower, jetted tub, dual vanity, and an expansive walk-in closet. Step outside to a covered patio with extended stained concrete, overlooking a generous backyard perfect for entertaining or relaxation. Walking distance to Wylie schools and complete with the previous inspection report and survey for peace of mind, this home is ready and waiting for you!
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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 |
|---|---|---|---|
| Feb 25, 2025 | Sold | ||
| Sold | |||
| Jan 25, 2025 | In contract | - | |
| In contract | |||
| Jan 21, 2025 | Listed by KW SYNERGY* | $285,000 | |
| Listed by KW SYNERGY* | |||
| Dec 23, 2022 | Sold | ||
| Sold | |||
| Oct 13, 2022 | Listed by KW SYNERGY | $265,000 | |
| Listed by KW SYNERGY | |||
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OFFERING $10,0000 FOR INTEREST RATE BUY DOWN! Yes, you read that right! Beautiful 4 bedroom, 2 bath home in Wylie schools is waiting for you to make it yours. This home has recently been painted and offers an open living, dining and kitchen concept. Kitchen features granite countertops, stove, fridge, new microwave and dishwasher. Spacious master bedroom with a wonderful master bath complete with custom tile shower, jetted tub, dual vanity, and a spacious walk in closet! Covered back patio with stained concrete opens up to a large backyard. Pre-listing inspection report completed and available. Most all items marked deficient have been or are being remedied. Located within walking distance to Wylie schools. You will be able to move in and put your feet up and enjoy the holidays in your new home! Don’t wait to take advantage of this fabulous home with $10,000 to lower your monthly payment!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017