1023 Briarmead Drive
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 |
|---|---|---|---|
| Sep 27, 2023 | Sold | ||
| Sold | |||
| Aug 18, 2023 | Listed by CB&A, Realtors-Katy | $2,295,000 | |
| Listed by CB&A, Realtors-Katy | |||
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Welcome to 1023 Briarmead Drive, a stunning architectural masterpiece that seamlessly combines modern luxury with the warmth of a true family home. Nestled in the desirable neighborhood of north Briargrove, this residence offers a lifestyle of unparalleled comfort and convenience. The seamless flow between the family room, kitchen and outdoor covered patio creates a sense of spaciousness and connectivity, perfect for both daily living and entertaining. Kitchen is equipped with a Thermador appliance package, double ovens, built in wine fridge, soft close drawers and cabinets, quartz countertops and a large island. The private self-cleaning pool/spa, putting green, and ambient surround sound speakers create a private oasis for relaxation. Boasting 5 spacious bedrooms, 5 1/2 bathrooms, a home office, formal dining and upstairs gameroom, the home was thoughtfully designed for effortless living. Schedule your private showing today and envision the lifestyle that awaits you!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017