15 Dorset Square
About This Property
Upscale lock & leave residence w/ an abundance of designer selections & upgrades throughout. Original model home. Chef's kitchen w/ modern mosaic tile wall, 60" Viking gas range, 4 total ovens, walk-in pantry, butler's pantry w/ wine refrigerator & wine room. Dual fireplace b/w primary BR & BA - elegant atmosphere. 2nd floor LG balcony overlooks reserve. Extensive covered patio w/ dining & exterior living w/ cozy outdoor fireplace, gas lanterns & built-in BBQ, all backing to the forested reserve. Elevator, large office off patio, herb garden, mosquito system, moon lighting. The Pointe - 25 homes tucked away on a peninsula in sought after Panther Creek w/ charming paver streets, grassy boulevards & a community dock. Privacy & tranquility. Front of The Woodlands, 5 minutes to I45, trails, Town Center, Hughes Landing, Market Street, extensive restaurants & hospitals.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Apr 30, 2024 | Sold | ||
| Sold | |||
| Mar 27, 2024 | In contract | - | |
| In contract | |||
| Mar 24, 2024 | Price Decreased |
$1,550,000
↓ $20K
(1.3%) | |
| Price Decreased | |||
| Feb 28, 2024 | Price Increased |
$1,570,000
↑ $20K
(1.3%) | |
| Price Increased | |||
| Jan 26, 2024 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017