8703 Serenade 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 |
|---|---|---|---|
| Sep 14, 2023 | Sold | ||
| Sold | |||
| Aug 9, 2023 | Listed by Coldwell Banker Realty | $460,000 | |
| Listed by Coldwell Banker Realty | |||
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Beautiful 4-bedroom home located in the highly desirable community of Woodwind lakes. Located on a corner lot with plenty of privacy and easy access to many neighborhood amenities! Pride of ownership shows with designer touches throughout, including quartzite countertops, upgraded fixtures, updated appliances, farmhouse sink, wood floors throughout, crown molding and gas log fireplace with stone surround. Grand two-story entry with private living/office & dining room right off foyer. Spacious primary suite with large walk-in closet and vaulted ceiling. The primary bath includes separate vanities, jetted tub, and standup shower. Private backyard with extended carvestone patio and plenty of green space for kids and pets. Don't miss the 3-car garage with epoxy floors. Wonderful neighborhood amenities include 3 gorgeous lakes, mature trees, 2 Pools, pavilion, parks, trails, & tennis courts. Ideal Location with easy access to major freeways - zoned to Cypress-Fairbanks ISD. Never flooded.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017