7802 Tejas Lakes 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%.
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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 |
|---|---|---|---|
| Jun 30, 2023 | Sold | ||
| Sold | |||
| Apr 14, 2023 | Listed by Berkshire Hathaway HomeServicePremier Properties | $649,750 | |
| Listed by Berkshire Hathaway HomeServicePremier Properties | |||
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Wonderfully designed and built K HOVANIAN HOMES! Walk thru the Entry Foyer to a Two-Story Family Room with Stone Fireplace. This spacious open concept floor plan offers the Kitchen and Family areas that would be great for your family and social gatherings. This home offers both formals, the Dining Room is connected to the Kitchen thru the Butler's Pantry. Currently the Living Room w/French Doors is being used as a combination Home Office and Music Room. The Oversized Primary Bedroom with Coffered Ceiling, Sitting Area has access to the Heated Pool and Patio. Primary Bathroom has Separate Shower and Jetted Tub. There is a Large Walkin Closet with ample storage. The Upstairs Game Room is being used as a Media/Exercise area. One of the bedrooms upstairs has an on-suite bathroom, perfect for a Guest Suite. Attached to the house is the Three Car Garage. The sits on a 1.41 Acre Corner Fenced Lot. There is a Storage Shed towards the rear of the property for lawn implements and Pool Supplies.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017