1128 Tulane Street
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 |
|---|---|---|---|
| Jul 22, 2024 | Sold | ||
| Sold | |||
| Jun 27, 2024 | Listed by Compass RE Texas, LLC - Memorial | $975,000 | |
| Listed by Compass RE Texas, LLC - Memorial | |||
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Nestled in the heart of The Heights, just three blocks from the Heights Hike and Bike Trail, and close to Donovan Park sits 1128 Tulane, a home with historic charm and modern luxury. Brick entry steps invite you inside to discover tall ceilings, rich wood floors, and beautiful architectural details. Natural light floods the living and kitchen areas through walls of Windows. The kitchen boasts granite counters, stainless appliances, a large island, and a breakfast bar connecting the living room. The primary suite features vaulted ceilings, a sitting area, and large balcony overlooking the treelined street. Multiple porches include a charming front, spacious back, and a side perfect for al fresco dining. The freshly painted exterior and new hardscape enhance the home’s low-maintenance charm. Moments from downtown, major freeways, shopping, and the vibrant culinary scene of The Heights. Enjoy the best of city living on one of The Heights most desirable streets and sought-after areas.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017