15 Balmoral Place
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 |
|---|---|---|---|
| Jun 7, 2024 | Sold | ||
| Sold | |||
| May 15, 2024 | Listed by Layne Realty, LLC | $1,190,000 | |
| Listed by Layne Realty, LLC | |||
| May 14, 2024 | No longer available | - | |
| No longer available | |||
| May 7, 2024 | In contract | - | |
| In contract | |||
| Apr 29, 2024 | Listed by Layne Realty, LLC | $1,175,000 | |
| Listed by Layne Realty, LLC | |||
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Nestled on a cul-de-sac in the prestigious neighborhood of Old Sterling in The Woodlands, 15 Balmoral Place offers an exceptional living experience, combining timeless elegance with modern luxury. This exquisite Custom Home boasts an impressive architectural design and is perfectly situated on a beautifully landscaped backyard oasis, offering privacy and tranquility. This home features a REME HALO air purification system. A beautiful study with built-ins on the 1st floor, along with the primary bedroom and an extra guest bedroom on the 1st floor. The enormous chef's kitchen features smart double ovens with a built-in refrigerator. Plantation shutters, home security system, new water heater, pool filter and pool pump just add to the many upgrades of this home! Zoned to exemplary schools and close to area parks, hiking, bike trails, excellent restaurants and shopping! Schedule your showing today! *Professional Photos Coming Soon*
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017