12621 Briar Patch Road #17
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 |
|---|---|---|---|
| Nov 13, 2020 | Sold | ||
| Sold | |||
| Sep 1, 2020 | Listed by Keller Williams Realty | $235,000 | |
| Listed by Keller Williams Realty | |||
| May 12, 2019 | No longer available | - | |
| No longer available | |||
| Sep 13, 2018 | Listed by Keller Williams - Houston Memorial | $210,000 | |
| Listed by Keller Williams - Houston Memorial | |||
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Extensive renovation/restoration due to Harvey. Unit is re-built including downstairs code compliant firewall. New in 2018 includes: AC unit, water heater, stainless appliances, cabinetry, kitchen quartz counters, tile backsplash, porcelain tile flooring down, bamboo floors up including stairs, new fixtures, hardware, sinks, toilets, code compliant electrical outlets, sheetrock, paint, New back deck with railing, tiled front patio with privacy fence, epoxy garage floor. Master shower with glass panels is phenomenal! Recessed lighting downstairs along with high ceilings gives this home a great feel. Light, airy and bright. Unit has fantastic view of the community pond w/ fountain. Ducks included! Rivals new construction. Owner spared no expense. Must see! The manager has listed the unit size as 1358 square feet.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/01/2020
|
2 Bed
|
2 Bath
|
1358 ft²
|
$235,000
2 Bed
2 Bath
1358 ft²
|
$200,000
-14.89%
11/13/2020
|
Lisa Cornelius
Keller Williams - Houston Memorial
| |
|
09/13/2018
|
2 Bed
|
2 Bath
|
1358 ft²
|
-
2 Bed
2 Bath
1358 ft²
|
-
-
|
Lisa Cornelius
Keller Williams - Houston Memorial
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017