8218 Durham Canyon 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 |
|---|---|---|---|
| Mar 9, 2022 | Sold | ||
| Sold | |||
| Feb 13, 2022 | Listed by Elite Texas Properties | $269,999 | |
| Listed by Elite Texas Properties | |||
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Charming 3/2 home with tons of updates! New Swimming pool added in 2020! Other updates include Roof 2021, fence 2020, exterior paint 2020, renovated primary and secondary bathroom 2021, Recessed lighting in Kitchen 2021, Cabinets 2017, gutters and French drain. This spacious and open concept floor plan is perfect for any family. You will find a breakfast bar in the kitchen attached to the large living room. Master bath has a huge recently renovated Shower. Spacious backyard will be where you spend your time entertaining guests under the covered back patio and in the beautiful swimming pool. HOA provides internet along with amenities such as pools, gyms, and playgrounds.
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About Canyon Lakes West
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017