12306 Upper Mar 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 |
|---|---|---|---|
| Nov 22, 2022 | Sold | ||
| Sold | |||
| Sep 30, 2022 | Listed by eXp Realty, LLC | $385,000 | |
| Listed by eXp Realty, LLC | |||
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Excellent Condition 2 Story-Highland Home Smart house - controls doors, garage, A/C, Sprinklers, Ring doorbell. Primary suite and second bedroom with 2 full bathrooms located on the first floor. Kitchen with large cabinets and extra large granite island open to family room with vaulted ceilings. Second floor game room and 2 additional bedrooms and full bath. Backyard has covered backyard patio. Walking distance to the exclusive (biometric access only) Crystal Clear Lagoon surrounded by white sand beaches, Restaurant, gym, children's splashpad and club house. New basketball court and dog park opening soon. Home located within a gated community. Minutes from Beltway 8, Grocery, Shopping and Restaurants.
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About Houston
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Currently no similar homes aroundNearby Rentals
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017