12500 Folklore Way
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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 |
|---|---|---|---|
| Dec 8, 2021 | Sold | ||
| Sold | |||
| Oct 21, 2021 | Listed by RE/MAX Elite Properties | $285,000 | |
| Listed by RE/MAX Elite Properties | |||
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STUNNING remodeled mid-century modern home.FANTASTIC location near Beltway 8, Routes 90 and 69.Welcome to your new one-story home in the established neighborhood Missouri City Estates.This home was gutted and reconfigured with brand new plumbing, upgraded electrical to code, windows, drywall, custom kitchen cabinets with custom range hood and quartz countertops, brand new bathrooms, designer tile, and flooring.The home is located on a quiet street on a nice-sized lot.Perfect for entertaining friends and family with a kitchen/dining room area as well as a large family room.Roof is two years old.Airconditioning is newer as well.Hurry as this won't last long!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017