1119 Thornton Road
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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%.
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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 18, 2023 | Sold | ||
| Sold | |||
| Jul 18, 2023 | Listed by Compass RE Texas, LLC Heights | $695,000 | |
| Listed by Compass RE Texas, LLC Heights | |||
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*Multiple offers received. Highest and Best offers due Monday 7/24 at NOON* Charming one story 4bed/2bath home in Shepherd Park Plaza! Light and bright kitchen with quartz counters, tile backsplash, updated lighting, deep basin sink, and stainless steel appliances. Great floorplan with a formal dining room, oversize living room with a fireplace, separate breakfast nook, and flex room that could be an office, play room or work out area. Gorgeous hardwood floors throughout the main area and double pane windows. Primary suite with a large walk-in closet and recently remodeled bathroom. Beautiful marble tile shower and two sinks. Huge backyard with a paved patio and an outdoor kitchen!
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| Mar 20, 2020 | Sold | ||
| Sold | |||
| Jan 30, 2020 | Listed by Happen Houston | $559,000 | |
| Listed by Happen Houston | |||
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Situated in tradition-rich Shepherd Park Plaza, 1119 Thornton displays authenticity and character throughout, preserving the integrity of the original build while being flush with modern conveniences such as infinity fiberglass storm windows, updated insulation, updated roof, and a tankless water heater. Bamboo flooring coats the main artery, prioritizing smooth transitions between the formal dining, living, den, kitchen, and breakfast areas. 4 well-proportioned bedrooms and 2 full baths are tucked aside for privacy. Verdant backyard with sprinkler & gutter system invites you to linger and enjoy the outdoors, completing the home.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017