109 Briarcrest 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 |
|---|---|---|---|
| Nov 26, 2024 | Sold | ||
| Sold | |||
| Jun 20, 2024 | In contract | - | |
| In contract | |||
| Mar 20, 2024 | Listed by JLA Realty | $224,999 | |
| Listed by JLA Realty | |||
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Here is a one-of-a-kind property in the highly sought after Birch Creek Forest subdivision. This two in one property offers; four lots for a total of 1.38 acres, two dwellings, more room than most lots in the area, and endless possibilities. There are two total bedrooms and bathrooms, a full kitchen in the main house and a kitchenette in the second, and a laundry room connected to the primary. The second house would make a great bunk house for the older kids or several friends, a game room, office, or whatever bonus room your imagination can design. With multiple improvements such as two new septic systems for both buildings, new paint inside and out, new mini-split A/C units and much more this property is move in ready. With the Birch Creek neighborhood boat launch just a stone’s throw from here you can enjoy all the lake has to offer, and don’t forget the community center and pool that are within walking distance. This will be a great opportunity for someone. Don’t wait and miss out.
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| Jun 23, 2023 | Sold | ||
| Sold | |||
| Feb 9, 2023 | Listed by Waller County Land Co. | $88,000 | |
| Listed by Waller County Land Co. | |||
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Cozy 1 bedroom 1 bath cottage with attached boat shed/carport. Approximately 533 sq ft of living area with an open concept kitchen and family room. The kitchen has a range, microwave and sink. The bathroom is fully plumbed with sink, shower & toilet but does not have a septic system in place. There is a 6x6 storage room attached perfect for storing tools, equipment, and fishing poles. Birch Creek Forest offer a community pool and entertaining area with a BBQ pit. There are hiking trails near the boat ramp to enjoy as well.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017