7805 Nikis Crossing
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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 |
|---|---|---|---|
| Aug 7, 2023 | Sold | ||
| Sold | |||
| Jul 14, 2023 | Listed by Myers & Lindsey Real Estate | $295,000 | |
| Listed by Myers & Lindsey Real Estate | |||
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This home is a great floor plan! Primary bedroom down and 3 bedrooms up with a large game room that could be used for a home office or additional living space. Kitchen is open to the living area. Living area has high ceilings and large windows for natural light. Primary bathroom features dual sinks and separate tub/shower and walk in closet. Secondary bathrooms also feature dual sinks. Backyard is large enough for your paradise...pool, outdoor kitchen, so many options. Teas Lakes is located off League Line and close to 45. Roof replaced July 2023 and AC replaced in 2022.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017