1518 Newmark Drive
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 28, 2022 | Sold | ||
| Sold | |||
| Sep 1, 2022 | Listed by RE/MAX Preferred Homes | $265,000 | |
| Listed by RE/MAX Preferred Homes | |||
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Bee HOME! Spacious 4 bedroom, 2.5 bath home in Cranbrook! Beautiful leaded glass door welcomes you into the foyer. Formal living and formal dining have an open floor plan with a HUGE gallery window that features a window seat! Cute kitchen that opens to the breakfast and den. Kitchen features updated appliances and decorative tile floors. All bedrooms up. Primary suite is SWEET! LARGE walk-in closet and En-Suite bathroom. Nice size secondary bedrooms with large closets. Back covered patio overlooks the lush grass and variety of landscaping! Built-in basketball goal. Centrally located in Houston with easy access to 45 & Beltway 8 in addition to restaurants, shopping, schools. Bee in LOVE!
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Property Highlights
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Price/ft²
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About Cranbrook
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017