8118 Renmark Lane
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 |
|---|---|---|---|
| Jul 10, 2023 | Sold | ||
| Sold | |||
| Jun 17, 2023 | Listed by Boulevard Realty | $249,900 | |
| Listed by Boulevard Realty | |||
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Wonderful 4 bedroom 2.5 bath home in Prestonwood Forest on a cul-du-sac street nestled betweed two beautiful Magnolia trees. The picture perfect Southern setting for your next home! Great neighborhood close to 249, Beltway 8 and TX 99 and great restaurants, shopping and parks nearby. Family room features a wall of windows overlooking the backyard with a gas fireplace surrounded by built-in bookshelves and storage below. Upgrades include Gulf Coast windows 2008, roof 2017, garage door 2021. This active subdivision hosts local parades for holidays and is home to a community wide "Nite of Lites" Christmas decorating contest in December. The neighbors are wonderful and you'll fall in love with the community! Make your appointment today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017