51
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8340 E PETRA Avenue
About This Property
Hawes Crossing offers resort-style living with a community pool, pickleball and basketball courts, playground, picnic area, and greenbelts, all close to top-rated schools, shopping, and dining. Model homes like this rarely come up.
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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 1, 2026 | Listed by Real Broker | $579,999 | |
| Listed by Real Broker | |||
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About Arizona Skyline
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Last Updated: 9 days ago
Data Source: ARMLS, MLS# 7048794
Brokerage email: [email protected]
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017