14002 Phelps 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%.
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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 |
|---|---|---|---|
| Mar 24, 2022 | Sold | ||
| Sold | |||
| Jan 27, 2022 | Listed by Coldwell Banker Realty | $549,000 | |
| Listed by Coldwell Banker Realty | |||
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No need to wait to build! This 5 bedroom, 4 bath home features a 3 car garage and is located on a large corner lot in the heart of Mont Belvieu. Upon entering, you are greeted by a beautiful wrought iron staircase and home office. The beautiful kitchen features 5 burner cooktop, a large pantry, granite countertops, white shaker style cabinets, upgraded stainless steel appliances, double ovens and much more! You will love entertaining your friends with the open-concept kitchen/living/dining layout. Primary bedroom is located on the first floor, along with one secondary bedroom. 3 additional bedrooms, game room & a fully-wired media room are upstairs. The large back yard is fully fenced and offers a spacious covered patio and sprinkler system. There is plenty room ready to install a pool. This home also includes a HomePro alarm system and is completely prewired for sound (even the primary bath!). Located in city limits with low taxes & utilities.
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| Aug 18, 2020 | Sold | ||
| Sold | |||
| Jul 16, 2020 | Listed by Texas Property Traders, INC | $441,175 | |
| Listed by Texas Property Traders, INC | |||
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5 bedrooms and 4 full baths on a large corner lot with room for a pool! The garage has a tandem with room for your classic car or storage. The front entry door is an 8 ft. mahogany door with leaded glass insert and first floor interior doors have been upgraded to 8 ft. The 2nd floor game room overlooks the 2-story family room. All the ceilings on the first floor are at least 10' high and the 2nd floor has 9' ceilings. Upgraded white cabinets in the kitchen and all bathrooms. The kitchen features double-ovens, a large island with breakfast bar and pendant lighting. The master bathroom has a double vanity, his and her closets, a deep soaking tub and separate shower. The main living areas have waterproof luxury vinyl plank flooring. The garage door opener is installed and the alarm system is ready to set-up. The backyard is sodded and "pet ready" with a full full sprinkler system keeping the grass green for you.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017