12806 Figaro Drive
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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 |
|---|---|---|---|
| Jan 5, 2021 | Sold | ||
| Sold | |||
| Jul 15, 2020 | Listed by Martha Turner Sotheby's | $489,900 | |
| Listed by Martha Turner Sotheby's | |||
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Highly sought after lot in Memorial Bend, zoned to top notch Spring Branch ISD schools- Rummel Creek Elementary, Memorial Middle and Memorial High School. Coveted cul-de-sac lot with beautiful trees. This vacant lot is the perfect opportunity to build your dream home. Nearby new construction ranges from $1.2 million and up. Memorial Bend Club amenities include area pool, tennis courts, event rental and more. Prime location with easy access to Beltway 8 and I-10, near Energy Corridor, Memorial City, Galleria and Westchase. Amazing walkability to City Centre, Terry Hersey Park, restaurants, shopping, entertainment and more.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017