1601 Conrad Sauer Drive
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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.
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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 |
|---|---|---|---|
| Jan 10, 2025 | Sold | ||
| Sold | |||
| Dec 5, 2024 | In contract | - | |
| In contract | |||
| Dec 4, 2024 | No longer available | - | |
| No longer available | |||
| Dec 3, 2024 | Listed by Happen Houston | $1,069,200 | |
| Listed by Happen Houston | |||
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1601 Conrad Sauer is a diamond abode on a 13,125sqft corner lot, a 3,960sqft single story home offering 4 bedrooms, 3.5 baths & study. Originally constructed in 1960, the home received an incredible modification including full mechanical & structural revisions. At entry, the level of thoughtful detail is evident with dual study doorways, soaring ceilings & sprawling dimensions. The 3 secondary bedrooms are located on the west side of the home along side a shared & private bath. An impressive open living & dining layout is in the centrum. the kitchen contributes an abundant pantry, bespoke solid wood cabinetry, marble counters, 48’ ZLine gas range & grand views. The primary is located on the east side of the home, w. raised ceilings, hand crafted built ins, free standing soaking tub & walk in closet. Nearby local eateries, Nob Hill Park & no history of flooding, make this a beloved neighborhood.
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| Oct 23, 2024 | Listed by Happen Houston | $1,069,200 | |
| Listed by Happen Houston | |||
| | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017