15806 Longvale 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 |
|---|---|---|---|
| Jul 7, 2023 | Sold | ||
| Sold | |||
| May 9, 2023 | Listed by Briko Realty Services | $349,900 | |
| Listed by Briko Realty Services | |||
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Wonderful property in Brookforest neighborhood zoned for CCISD, 3 houses from Armand Bayou Elementary. Quiet street a short distance to neighborhood park and pool. Roof installed in 2013, re-piped in 2016, AC installed in 2019 and a 22 kW whole home generator installed in 2018. Screened patio installed in 2020. Backyard has a custom cedar playground next to the 2 car detached garage. Whole yard sprinkler system which can be connected to an app to turn on/off with your phone, and ties to weather system so will not run on rainy days. Garage door opener installed in 2020 also ties to a phone app so Amazon can deliver inside garage if desired.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017