7714 Cedar Elm 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 12, 2021 | Sold | ||
| Sold | |||
| May 15, 2021 | Listed by Berkshire HathawayHS PenFed TX | $477,000 | |
| Listed by Berkshire HathawayHS PenFed TX | |||
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Welcome to this updated home in the gated community of Hackberry Creek! 3 bedroom, 2.5 bath, 3 car garage has it all! Gorgeous drive up on a beautifully treed corner lot, wood type flooring through entry into the living and plantation shutters on most windows. Spacious family room is ready to entertain with a cozy gas fireplace and soft natural light cascading through. Dream kitchen features an island with wine storage, granite counters, and ss appliances. Primary upstairs bedroom is sure to impress with an ensuite bath offering dual sinks, jetted tub, and closet with a storage system. Relax and unwind under the covered patio with an extended porch and nice landscaping. Located near schools, golf, and parks.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017