8742 Serenade Lane
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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 21, 2022 | Sold | ||
| Sold | |||
| Jun 17, 2022 | Listed by eXp Realty, LLC | $559,000 | |
| Listed by eXp Realty, LLC | |||
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WOW, David Weekley Beauty with Updates Galore! Oversized cul-de-sac lot opening to lake bordered by jogging trail, Private backyard w/ paver stone courtyard, lagoon-style swimming pool- new pump, lush landscaping, sprinkler system, 8 foot privacy fence. Gated Driveway, oversized detached 2 car garage. High ceilings in family room, Kitchen w/ large island & large walk-in pantry; butler’s pantry & bar/service area. Primary bedrm w/ built-ins, Primary bath- oversized whirlpool tub, separate shower. HVAC w/ Smart Therm (2022) New elec. box w/ surge protector, Low-E glass windows- (2016/2021) Up- secondary bedroom #4 expanded to 10’ x 19’, Custom Build-ins throughout, walk-in custom closets, GAF Weather-stopper roof w/ Impact-resistant shingles (2016) Wood-flooring (2016) Speaker system, Security system & much more! Gorgeous Lakes, Trails, Mature Trees, Pools, Pavilion, Parks, Tennis Court. Easy Access to Major Freeways, Schools Zoned to the Highly-Acclaimed Cypress-Fairbanks ISD. NO FLOOD!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017