865 Prairie Trail
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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 |
|---|---|---|---|
| May 24, 2021 | Sold | ||
| Sold | |||
| Apr 15, 2021 | Listed by Magnolia Realty Argyle | $750,000 | |
| Listed by Magnolia Realty Argyle | |||
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WELCOME HOME to this dreamy vintage farmhouse resting on nearly 3 acres & featuring designer touches inside & out. When you step in you're greeted with soaring ceilings & neutral colors throughout, creating an inviting atmosphere. Your Pinterest-perfect kitchen overlooks the chic living space. Find serenity in the master retreat featuring an antique freestanding tub. Upstairs you'll find pine floors leading into the loft & a flex room that can be used as a study, plus additional 2 bedrooms & a bath. Guest quarters - 2 rooms down possible use as storage or bedrooms. Upstairs is your darling efficiency apartment with a full kitchen, living area, dining, bedroom, & full bath. Zoned to the award-winning Argyle ISD.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017