9425 Lenel Place
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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 |
|---|---|---|---|
| Aug 23, 2024 | Sold | ||
| Sold | |||
| Aug 14, 2024 | In contract | - | |
| In contract | |||
| May 20, 2024 | Listed by Compass RE Texas, LLC. | $1,695,000 | |
| Listed by Compass RE Texas, LLC. | |||
| Apr 19, 2024 | No longer available | - | |
| No longer available | |||
| Dec 18, 2023 | Listed by Compass RE Texas, LCC | $1,725,000 | |
| Listed by Compass RE Texas, LCC | |||
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Newly completed construction by Fifer Custom Homes in the heart of Dallas' coveted Midway Hollow neighborhood. Thoughtful layout offers a seamless flow from room to room, indoors to out. Featuring designer finishes with custom trim and cabinetry, beautiful light fixtures + hardware accents, white oak floors + stunning tile selections. The main level is anchored by a chef's kitchen that opens to the living room + allows for great communication between the spaces. Sliding doors open to a covered patio with built in grill + oversized yard, ideal for entertaining. Private owner's suite situated on the 1st floor with spa-like bathroom + spacious closet with easy access to 1st floor laundry room. The 2nd level features 4 add'l guest suites + an upstairs living room that offers flex space as a game room, media room or home gym. 2 car garage, mudroom + oversized laundry rooms up + down. Impressive details, thoughtful layout + a commitment to craftsmanship make this new listing one to see. The manager has listed the unit size as 5321 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017