12131 Rhett 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 |
|---|---|---|---|
| May 19, 2022 | Sold | ||
| Sold | |||
| Mar 22, 2022 | Listed by Martha Turner Sotheby's | $1,050,000 | |
| Listed by Martha Turner Sotheby's | |||
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Premier corner lot! Enjoy Bunker Hill Village amenities yet still walk to Frostwood Elementary, Memorial Forest Club, Memorial City Mall and restaurants.House was updated and extended in 1995 to include great room on back and enlarged master bath. This light-filled, inviting, great room includes skylights, Palladian windows, vaulted, beamed ceiling, and is a multi-functional room serving perfectly as the main gathering area. Kitchen has stainless appliances, Silestone countertops, built in wine rack, easy-care paver tile flooring and kitchen window looking out to the Frostwood playground. Skylight adds to open feel in the kitchen. Master bath updated to accommodate long double sink vanity, soaking tub and large shower. Two secondary bedrooms share the hall bath. Both baths have updated countertops, tile, and fixtures. Rare four-car garage allows for extra vehicles, workshop, and 5 x 8 storage closet. Zoned HVAC, hardwoods, and plantation shutters throughout. Zoned to premier SBISD.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017