8038 Athens Way
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 |
|---|---|---|---|
| Dec 2, 2022 | No longer available | - | |
| No longer available | |||
| Nov 8, 2022 | Sold | ||
| Sold | |||
| Nov 7, 2022 | Listed by Compass RE Texas, LLC | $290,000 | |
| Listed by Compass RE Texas, LLC | |||
| | |||
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**Great home for first time home buyers or investors wanting a rental or flip! ** This home sits on a corner lot and has central access to shopping and restaurants. Around the corner from a park with tennis courts and a playground, and walking distance to the Elementary school. The open floor plan is great for large gatherings with its expansive living room and inviting kitchen. The bedrooms have a split floorplan making the flow of the house ideal. This home has so much potential and has been lovingly cared for by one homeowner since it was built. Refrigerator and microwave will convey with the property. The manager has listed the unit size as 1779 square feet.
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| Oct 21, 2022 | Listed by Compass RE Texas, LLC | $290,000 | |
| Listed by Compass RE Texas, LLC | |||
Property Highlights
Building Info
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Status
Price/ft²
Listed On
Sold On
About Meadow Creek
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017