8219 Glencliffe 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%.
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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 |
|---|---|---|---|
| Dec 14, 2021 | Sold | ||
| Sold | |||
| Nov 8, 2021 | Listed by Prime Texas Properties | $279,900 | |
| Listed by Prime Texas Properties | |||
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Spacious family home in Prestonwood Forest located on a low traffic street near the cul-de-sac. Walking distance to the neighborhood pool, tennis courts and Elementary School. Updates from top to bottom - New paint inside and out. Stunning kitchen with brand new granite offset by brick marble mosaic backsplash, white cabinets with oil rubbed bronze hardware, walk in pantry with plenty of shelving and spice rack. Brand new modern tile installed in the kitchen and breakfast area. Laminate wood in the entry, living room, dining and formal. New light fixtures installed through-out. All bedrooms on the 2nd floor. Brand new carpet just installed with plush padding. Who wants THREE CLOESTS in their PRIMARY BEDROOM?? This home has it! Great closet space in the secondary bedrooms. Excellent backyard space. The garage has an attached workshop (23 ft x 12.6 ft). No flooding, no busted pipes during the freeze and the power is on the Hospital grid.
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About Prestonwood Forest
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017