1418 North Road
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 |
|---|---|---|---|
| Oct 29, 2024 | Sold | ||
| Sold | |||
| Sep 30, 2024 | In contract | - | |
| In contract | |||
| Sep 12, 2024 | Listed by Coldwell Banker Ultimate | $278,500 | |
| Listed by Coldwell Banker Ultimate | |||
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Welcome to 1418 North Road! This beautiful Ranch style home sits on 1.15 acres, has a fenced in backyard, detached 2 car garage, and a recently reclad 10x20 storage building/small workshop with electricity. Step inside and you will find a large family room with vaulted ceilings, quartz countertops in the kitchen, a formal dining room, office, 3 bedrooms and 2 bathrooms. Recent improvements include: roof, shutters and exterior paint in 2023 and new carpet throughout and vinyl flooring in kitchen, breakfast room, and utility room. Country living meets city convenience, as you are just minutes from Lake Jackson! This is one you don’t want to miss!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017