8918 Croes Drive
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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 9, 2020 | Sold | ||
| Sold | |||
| May 11, 2020 | Listed by Coldwell Banker Realty | $579,000 | |
| Listed by Coldwell Banker Realty | |||
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Charming single story home on desired cul-de-sac lot in Bonnie Oaks! Curb appeal galore with mature trees and beautiful landscaping! Home offers hardwood flooring, crown molding, expansive kitchen with granite counters, stainless steel appliances and tons of storage space! Breakfast room opens to large and inviting den with fireplace and ample built in storage. 2 sizeable bedrooms are included, master with attached bath, both with hardwood flooring. Laundry has recently been moved to the interior of the home and garage is presently converted to what could be used as a home office, home gym, additional storage, etc. Beautiful home offers ample natural light, multiple outdoor spaces to enjoy and is zoned to desired SBISD schools. Home is walkable to recently renovated Spring Valley Village City Park! Never flooded per seller. Please see attached seller made updates. Come see today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017