1223 Peak 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 2, 2021 | Sold | ||
| Sold | |||
| May 15, 2021 | Listed by Ebby Halliday, REALTORS | $295,000 | |
| Listed by Ebby Halliday, REALTORS | |||
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Attention Investors! This house is a dream rental property with a SECOND rental above the garage! Main house is 2 bed, 2 bath, great closet space, updated tile, paint, wood flooring and is 1068 sq ft. The 600 sq. ft. garage apartment is 1 bed, 1 bath with a nice kitchen and living room with updated flooring as well. The garage space below can be converted back to parking or can be used as an office or game room. The large back yard is nicely treed and has great privacy. Location is key with this property. Close to UNT, TWU, nightlife, dining and I-35. It has been occupied for years. Currently generating almost $2200 per month!
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About Denton
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$2,975 /mo
- 3 Beds
- 3 Baths
- 1,404 ft²
$1,450 /mo
- 2 Beds
- 1 Bath
- 1,025 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017