12622 Mardi Gras 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%.
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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 |
|---|---|---|---|
| Sep 6, 2024 | Sold | ||
| Sold | |||
| Aug 24, 2024 | In contract | - | |
| In contract | |||
| Aug 15, 2024 | Listed by Texas Management Partners LLC | $369,000 | |
| Listed by Texas Management Partners LLC | |||
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Welcome to 12622 Mardi Gras Drive, nestled in the serene Silverglen community. This spacious home offers 5 bedrooms, 3.5 bathrooms, and boasts one of the largest layouts in the neighborhood, complete with a 3-car garage. Enjoy the expansive open floor plan, featuring soaring ceilings in the living room, a cozy gas fireplace, and fresh updates with brand new flooring and paint throughout. The separate dining room, dedicated office space, and oversized game room provide ample space for every need. Step outside to a generously sized backyard with a covered patio, equipped with ceiling fans for year-round comfort. Best of all, this home has never flooded. Don’t miss the chance to make it yours—schedule your showing today!
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| Nov 18, 2022 | Sold | ||
| Sold | |||
| Sep 29, 2022 | Listed by Winhill Advisors - Kirby | $339,900 | |
| Listed by Winhill Advisors - Kirby | |||
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Welcome to 12622 Mardi Gras Drive in the quiet neighborhood of Silverglen. This house features 5 bedrooms, 3.5 bathrooms, separate dining, office, huge game room and is one of the biggest on the block with a 3 car garage. Open floor plan with high ceilings in the living room, gas fireplace, and all new flooring and paint. Great size backyard with cover patio that has ceiling fans installed. Never flooded. Schedule your showing today.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017