1502 Hoveden 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 |
|---|---|---|---|
| Jun 18, 2024 | Sold | ||
| Sold | |||
| May 29, 2024 | In contract | - | |
| In contract | |||
| May 23, 2024 | Listed by Keller Williams Premier Realty | $550,000 | |
| Listed by Keller Williams Premier Realty | |||
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Stunning 2-story home on spacious corner lot in the sought-after Nottingham Country; zoned to Katy ISD schools. Boasts amazing resort backyard w/heated pool & spa adorned w/colored pool lights, automatic canopy, waterfall, custom gazebo, outdoor kitchen w/recent fridge & more. Patio furniture & umbrellas included! 2024 updates include new roof (w/50 yr warranty), gutters, WiFi irrigation & pool control systems, outdoor shower fixtures, wine fridge in wet bar, & heavy duty attic pull down stairs. Also features dual Nest thermostats, Ring video doorbell, pecan wood flooring, recent water heater & pool equipment, plantation shutters & more (see attached list of full features & updates). Grand family room w/stately brick fireplace & dual French doors w/gorgeous pool views. Beautiful kitchen w/granite counters & SS appliances; including dual ovens & GE fridge. Utility room features quartz counters & Samsung W/D. Primary Suite downstairs, + 3 guest bedrooms & huge game room w/2nd wet bar up.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017