7828 Abbott Drive
About This Property
New oven installed in 2020, new hot water heater installed in 2021, new roof installed in 2022. This sale includes a ~2017 front loaded washer and dryer in the garage and a ~2018 stainless steel refrigerator. BRING YOUR BUYERS!
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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 |
|---|---|---|---|
| May 9, 2022 | No longer available | - | |
| No longer available | |||
| May 6, 2022 | Sold | ||
| Sold | |||
| May 1, 2022 | Listed by League Real Estate | $230,000 | |
| Listed by League Real Estate | |||
| | |||
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IMMEDIATE INCOME!!! Multiple Offers Received - Sellers will be making a decision on 4-22 and offers deadline is 2:00pm. The amount of interest was unexpected and has accelerated the sellers' plan, so the property is not available for showings prior to the offer deadline. Pictures were taken prior to the existing tenants moving in. This property is leased through April 2023 with tenants who have already been occupying the property for a year or more. This home was previously updated and lived in by the owners until they moved to their current home, so it has been cared for and well maintained. It is a unique split-level design that your clients must see! The property is large for the DFW area and it has a big backyard.New oven installed in 2020, new hot water heater installed in 2021, new roof installed in 2022. This sale includes a ~2017 front loaded washer and dryer in the garage and a ~2018 stainless steel refrigerator. BRING YOUR BUYERS!
| |||
| Apr 15, 2022 | Listed by InterHomes Realty | $230,000 | |
| Listed by InterHomes Realty | |||
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About Cook Heights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017