12411 Browning 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 |
|---|---|---|---|
| Jun 10, 2022 | Sold | ||
| Sold | |||
| May 13, 2022 | Listed by Jeff Webb Real Estate | $775,000 | |
| Listed by Jeff Webb Real Estate | |||
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Walden Waterfront Beauty. So much to love about this floorplan. The leaded glass front door reveals a wide open layout with a 21'x10' entry and a large office to the left a wall of built ins. Next is the massive formal dining room with high double stepped ceilings and impressive crown trim details. The living area has a propane gas fireplace with many windows peering out to the lake. The kitchen is 20'x17' and has a large island and wrap around breakfast bar. Plenty of solid wood cabinetry and pretty granite counters. The home has tile floors throughout with carpet in the sleeping areas. The primary bedroom is downstairs and has a large walk in closet and en-suite bath. Two more bedrooms are down and a 14'x'13' bedroom with full bath upstairs. This room has many possibilities. Out back is a nice screened porch, lots of patio decking and a covered boat slip with a lift! Located on protected canal just minutes from the open waters of lake Conroe. Oversized 2 car garage. So cute!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017