1237 Confederate Road
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 |
|---|---|---|---|
| Oct 15, 2021 | Sold | ||
| Sold | |||
| Jun 29, 2021 | Listed by Greenwood King Properties | $349,000 | |
| Listed by Greenwood King Properties | |||
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Nestled on a large lot in Long Point Woods, this tastefully remodeled and captivating 3 bedroom ranch style home is filled with charm. Conveniently located minutes from I-10 in the desired tranquil Spring Branch area and highly rated Spring Branch ISD (Buyer to verify eligibility). Featuring hardwood and tile floors throughout with ample closet space, updates include interior extensively repainted and recent kitchen plumbing. Third bedroom is attached to flex space that could be used for a study. Beautifully landscaped exterior perfect for outdoor entertaining with mature trees, large backyard, a fire pit, recent stained fence and shop/storage shed. Schedule your showing today! All info is per Seller.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017