923 Verde Trails 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 |
|---|---|---|---|
| Oct 24, 2022 | Sold | ||
| Sold | |||
| Sep 16, 2022 | Listed by Keller Williams Realty - Memorial | $199,900 | |
| Listed by Keller Williams Realty - Memorial | |||
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Come see this darling property, perfect for a starter home or an investment property! Three bedrooms all on the same level, spacious living area, and open floorplan kitchen and dining. Perfect size yard, not too big and not too small, with detached 2-car garage. Front of home faces a lovely green common area with a front porch and fresh exterior paint. With easy freeway access and close to shopping/grocery, this home has it all!
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| Apr 30, 2019 | Sold | ||
| Sold | |||
| Apr 2, 2019 | Listed by RE/MAX Generation | $130,000 | |
| Listed by RE/MAX Generation | |||
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Wonderful 3 bedroom with 2 1/2 baths home that boast plenty of living space. Open concept living space with the living room opening up to the kitchen. The bedrooms are a great size that feature new carpet (throughout the home). This home also has been freshly painted and carpeted. Great out door space. This home also features a new security system that has video surveillance.
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About Harris
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017