7903 Scherzo Lane
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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 |
|---|---|---|---|
| Jun 16, 2023 | Sold | ||
| Sold | |||
| Mar 28, 2023 | Listed by eXp Realty, LLC | $525,000 | |
| Listed by eXp Realty, LLC | |||
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WOW! LAKEFRONT Beauty with oversized cul-de-sac lot opening to lake bordered by jogging trail. Backyard w/ large yard, stunning lake views, lush landscaping, sprinkler system, 3 car garage. Soaring ceilings greet you upon entering, 2 formals & 1/2 bath on main floor. Walls of windows in den provides for incredible lake views! Backyard offers both lake views/access as well as privacy, w/ a privacy fence on one side, the best of both worlds! Kitchen opens to den w/ granite counters, large island, gas cooktop & large pantry. Primary bedrm on main floor, primary bath- oversized whirlpool jetted tub, separate shower, gorgeous chandelier. Custom built-ins in spacious family room upstairs. Wood floors in entry and den, new interior paint, lighting and carpet! Roof, HVAC, Water Heater all have been replaced recently! Gorgeous Lakes, Trails, Mature Trees, Pools, Pavilion, Parks, Tennis Court. Easy Access to Major Freeways, Schools Zoned to the Highly-Acclaimed Cypress-Fairbanks ISD. NO FLOOD!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017