8722 Cobblestone Point Circle
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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 |
|---|---|---|---|
| Aug 31, 2017 | Sold | ||
| Sold | |||
| Jul 30, 2017 | Listed | $469,900 | |
| Listed | |||
| | |||
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Gorgeous 4 bedrooms, 3 bathrooms, 3 car garage single story home in upscale community of Cobblestone Creek. Stone elevation, double door entry, 12 foot ceilings, diagonal tile throughout. Kitchen with granite counter tops and stainless steel appliances. Large master suite with tray ceilings and double walk-in closets. Tray ceilings in formal dining room. 24 HRS maned gate. Resort style club house, swimming pool, fully equipped fitness center, billiards, children's play area and aqua park. MUST SEE!The manager has listed the unit size as 2814 square feet.
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| Mar 25, 2017 | Listed by Continental Properties, Inc. | $469,900 | |
| Listed by Continental Properties, Inc. | |||
| Sep 1, 2009 | Sold | ||
| Sold | |||
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About Countryside Meadows
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017