8969 Undercliff Drive
About This Property
Hurry in, this beauty is a show stopper. Taken to the studs and renovated, this house is new from top to bottom. 3 bedroom, 2 bath in the quiet neighborhood of Lake East Estates, you won't find more bang for your buck than this one. Cash or conventional only, NO FHA due to 90 day rule. No survey, buyer to purchase survey.
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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 |
|---|---|---|---|
| Jun 16, 2021 | Sold | ||
| Sold | |||
| Jun 8, 2021 | Listed by Keller Williams DFW Preferred | $189,900 | |
| Listed by Keller Williams DFW Preferred | |||
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OFFER DEADLINE JUNE 10 3PM
Hurry in, this beauty is a show stopper. Taken to the studs and renovated, this house is new from top to bottom. 3 bedroom, 2 bath in the quiet neighborhood of Lake East Estates, you won't find more bang for your buck than this one. Cash or conventional only, NO FHA due to 90 day rule. No survey, buyer to purchase survey.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017