20
Map
10010 Balmforth Lane
About This Property
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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 |
|---|---|---|---|
| May 1, 2025 | Sold | ||
| Sold | |||
| Mar 3, 2025 | In contract | - | |
| In contract | |||
| Feb 20, 2025 | No longer available | - | |
| No longer available | |||
| Feb 19, 2025 | Listed by Martha Turner Sotheby's International Realty | $698,000 | |
| Listed by Martha Turner Sotheby's International Realty | |||
| Jan 31, 2025 | Listed by Martha Turner Sotheby's International Realty | $725,000 | |
| Listed by Martha Turner Sotheby's International Realty | |||
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This lovingly cared for and updated 3 br/2 bath home with spectacular lot overlooks the popular Godwin park. This is one of the largest lots in Meyerland. The owners have created a whimsical paradise in the backyard with a covered bridge and a white Gazebo. The living/family room space was opened to create a more open flow. Luxury vinyl plank flooring flows thru the living and dining areas. Bright, white kitchen boasts electric double ovens and a gas cooktop. Large windows let the sunshine in! Don't miss this one! Showings begin Sat.2/1/25
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017