7909 Apollo Drive
About This Property
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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 |
|---|---|---|---|
| May 3, 2024 | Sold | ||
| Sold | |||
| May 1, 2024 | In contract | - | |
| In contract | |||
| Oct 4, 2023 | Listed by Berkshire HathawayHS PenFed TX | $285,000 | |
| Listed by Berkshire HathawayHS PenFed TX | |||
| | |||
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BACK ON THE MARKET!!(buyers were not able to make it to closing) 6.25-acres nestled in a serene countryside setting, this unimproved land boasts a landscape adorned with mature trees, providing natural beauty and shade. Discover the perfect canvas for your dream home on this 6.25-acre parcel in Joshua! Experience the tranquility of quiet country living while still being conveniently close to the city. With no HOA restrictions, you have the freedom to design and build your ideal residence. Plus, the property's proximity to Chisholm Trail Parkway ensures easy access to urban amenities, making this an opportunity you won't want to miss. Create your oasis in Joshua today!
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| Aug 4, 2023 | No longer available | - | |
| No longer available | |||
| Jul 20, 2023 | Price Decreased |
$329,999
↓ $10K
(2.9%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017