1240 11th 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 |
|---|---|---|---|
| May 16, 2022 | Sold | ||
| Sold | |||
| Apr 10, 2022 | Listed by RE/MAX Fine Properties | $399,950 | |
| Listed by RE/MAX Fine Properties | |||
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This two story BAY VIEW/FRONTAGE HOME features 250 FT PIERS & STUNNING VIEW OF DICKINSON BAYOU, 3 bedrooms, 2 bathrooms, 2 kitchens with microwave, 2 living areas, 2 stairs, Double paned windows, Tile floor at the ground floor and laminated floor upstairs, storage under stairs. Washer and dryer stay. This is a perfect home for casual and relaxed living, Fish at your own PIER & experience some of the best sunsets you won't forget. Easy access to Hwy 146 and I-45. SELLER HAS NO SURVEY.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017