109 Marrakech Court
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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 |
|---|---|---|---|
| Oct 28, 2021 | Sold | ||
| Sold | |||
| Nov 21, 2020 | Listed by Champions Real Estate Group | $999,900 | |
| Listed by Champions Real Estate Group | |||
| | |||
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Outstanding LOCATION: Cul-De-Sac, minutes away from the medical center and quick & easy 610 access to the Galleria. Walking distance to the Everlyn's Park, Evergreen Park, Russ Pitman Park, Nature Discovery Center, and the Bellaire City Library. Excellent school to Bellaire HS. Fabulous 2-story house located on a cul-de-sac with lush landscaping. This beautiful house offers ABUNDANT of NATURAL LIGHT and WONDERFUL features in high ceiling, expansive windows, wood floor throughout the 1/F, lots of built-ins, butler’s pantry, double ovens, warming drawer, large screened veranda overlooks the English garden and dipping pool , stylish spiral staircase leading to huge upstairs game room, New light fixtures (2020/12), New paint in walk-in chilled wine room (2020/12), New paint in Master suite, study and flex room (2020/12), 2-car garage with the covered carport. Lovely swimming pool and a relaxing sunroom. CALL TODAY FOR AN APPT to view!!!
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| Sep 12, 2020 | No longer available | - | |
| No longer available | |||
| Apr 29, 2020 | Price Decreased |
$1,199,900
↓ $50K
(4%) | |
| Price Decreased | |||
| Mar 31, 2020 | Price Decreased |
$1,249,900
↓ $49K
(3.8%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017