1236 Archley Drive
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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 7, 2021 | Sold | ||
| Sold | |||
| Feb 26, 2021 | Listed by Martha Turner Sotheby's | $1,175,000 | |
| Listed by Martha Turner Sotheby's | |||
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Totally charming Hillshire Village home located in an Incredible spot on a 21,575 sq. ft. lot which is beautiful and very buildable. The three bedroom , three bath home is architecturally delightful and has a great floor plan with open living room and dining room and kitchen open to the cozy den. There are hardwood and tile floors throughout and windows galore bringing the outside in. Woodburning fireplace,ceiling fans and loads of built-ins and custom lighting . The primary bedroom is large and has French doors to a side patio. There is also a covered patio in the back facing the back yard which looks like a park and has complete new (2021) fencing. Great access to 1-20, downtown and the Galleria and zoned to exemplary Spring Branch schools. Don't miss this unique opportunity.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017