1401 Sunset 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 |
|---|---|---|---|
| Dec 31, 2024 | Sold | ||
| Sold | |||
| Dec 12, 2024 | In contract | - | |
| In contract | |||
| Dec 4, 2024 | Listed by Realty Of America, LLC | $250,000 | |
| Listed by Realty Of America, LLC | |||
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Situated on a large lot, this 2-story home features a 2-car attached garage, 4 bedrooms, and opportunity to make your own! The 1st floor is remodeled with beautiful tile flooring throughout, open dining and living areas with a fireplace, separate formal/flex room off the entry, utility room, half bath, and an updated kitchen with a breakfast bar and granite-look counters. Upstairs holds the 4 carpeted bedrooms and a full bath. Enjoy outdoor entertaining in the fenced, pool-sized backyard! Located with easy access to I-45/Gulf Fwy and proximity to Kemah, Tanger Outlets, and Galveston!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017