9126 Locarno Drive
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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 |
|---|---|---|---|
| Jul 24, 2025 | Sold | ||
| Sold | |||
| Jun 27, 2025 | In contract | - | |
| In contract | |||
| Jun 16, 2025 | Listed by Allie Beth Allman & Assoc. | $950,000 | |
| Listed by Allie Beth Allman & Assoc. | |||
| Oct 5, 2022 | Sold | ||
| Sold | |||
| Sep 9, 2022 | Listed by David Griffin & Company | $899,000 | |
| Listed by David Griffin & Company | |||
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Location! Location! Location! One-of-a kind Lake Highlands single story 4 bedroom, 3 bathroom with 2 living areas, covered patio and pool. Large kitchen has abundance of storage that opens to great room with vaulted ceilings, fireplace and view of pool. Kitchen has Quartz countertops, stainless steel appliances, ready for any gourmet cook. Large dining room enables you to host family events. Hardwood floors throughout the main living areas make the house light and airy. Split 4th bedroom on opposite of the house. Every bathroom is done to the 9's!!!
Master bathroom with large shower, beautiful soaking tub and drop dead walk-in custom closet. Solid core doors throughout. Electric gate in back of home allows for more area to play or park.. Walk to Mosshaven elementary school. Move in...have a party...go on a vacation.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017