1228 Bancroft Road
About This Property
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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.
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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 |
|---|---|---|---|
| Sep 28, 2023 | Sold | ||
| Sold | |||
| Aug 10, 2023 | Listed by Stepstone Realty, LLC | $1,790,000 | |
| Listed by Stepstone Realty, LLC | |||
| Jan 7, 2023 | No longer available | - | |
| No longer available | |||
| Dec 1, 2022 | Listed by Lily Moore Realty | $1,535,000 | |
| Listed by Lily Moore Realty | |||
| | |||
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Unique home situated on a 1.4 acre beautifully landscaped lot in sought after Keller ISD with ability to be a multi-generational home, professional home office or VRBO. This is “two homes in one” with Hollywood drive that leads to separate entrances & split 3 car & 2 car garages. The main home features a kitchen with Sub-Zero refrigerator, double convection ovens, gas cooktop, island & walk-in-pantry. The downstairs master suite is complete with deep soaking tub, separate shower & huge custom walk-in closet. Upstairs offers 4 bedrooms, 2 full baths, 2 game rooms & craft room. Second home incorporates a living, full eat-in kitchen, 2 bedrooms, 2 baths, laundry room & 2 studies. Huge lot with mature shade trees & plenty of room for a pool. Minutes to dining & shopping of Southlake Town Square, adjacent to Birch Tennis complex & 5 minutes away from Vaquero Golf Course. Entire home has Pella premium windows, tankless water heaters & 2 gas fireplaces. Roof & 4 HVAC units new in 2022. The manager has listed the unit size as 6779 square feet.
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| Nov 30, 2022 | No longer available | - | |
| No longer available | |||
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About Keller
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Currently no similar homes aroundNearby Rentals
$3,350 /mo
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$7,500 /mo
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Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20391097
Details provided by NTREIS and may not match the public record
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017