833 TEPIC Drive
About This Property
Solar Panels with electric bills as low as approximately $30 a month and all equipment is covered at closing. Roof replaced in 2021 and interior paint. Great floor plan with wood-like vinyl flooring for easy maintenance. Also, 2 evaporative coolers and 2 furnaces replaced in 2017. Beautiful repainted kitchen with granite countertops, double oven, and spacious cabinets that have a secret spice rack. Formal dining room, large family room with fireplace, vaulted ceilings, and Pella patio doors, plus library room that can be converted to an office. Relax in the large and lush backyard with a covered patio and enjoy summer and fall harvests from fruit-bearing trees. Large outdoor shed with shelves for extra storage. This beautiful home won't last, so schedule a showing today!
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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 |
|---|---|---|---|
| Jan 14, 2022 | Sold | ||
| Sold | |||
| Dec 28, 2021 | Listed by Dream Work Realty | $243,000 | |
| Listed by Dream Work Realty | |||
| Dec 20, 2001 | Sold | ||
| Sold | |||
| Nov 5, 2001 | Listed by ERA Sellers & Buyers Real Esta | $118,000 | |
| Listed by ERA Sellers & Buyers Real Esta | |||
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KITCHEN PROF REDONE INCL BEAUTIFUL OAK CABINETS APPLIANCES! TILE/HARDWOOD APPEAR THROUGHOUT.NICE FLOORPLAN WITH TWO EAT- ING AREAS.LR HAS BEEN PROF DONE AS HOME OFFICE OFF ENTRANCE W/HDWD FLOORS.CAB CAN BE [email protected] 915-5498284
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About Falcon Hills
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Last Updated: 5 months ago
Data Source: GEPAR, MLS# 856527
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Address: 335 Madison Avenue, New York, NY 10017