1611 Monarch Beach 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%.
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 21, 2021 | Sold | ||
| Sold | |||
| Jun 12, 2021 | Listed by Assist 2 Sell | $340,000 | |
| Listed by Assist 2 Sell | |||
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Welcome home to this amazing Lennar built " Travis Floorplan " home in this private and secluded gated community. This 4 bedrooms, 3-1/2 bath home is loaded with amenities such as : a large family room with a wall of windows and a Fireplace with open to a 2 story ceiling, a formal dining room, gourmet kitchen with stainless appliances, granite surfaces and a breakfast bar that opens to the family room. The Spacious downstairs primary bedroom offers a large en suite bathroom with a dual vanity area, whirlpool tub and seperate shower. Upstairs you will find a large gameroom and three secondary bedrooms. Your back yard paradise awaits with a gorgeous pond , a fire pit and amazing landscaping that compliments your backyard covered deck . Fresh paint, ready for a new owner and zoned to amazing Katy Schools. If golf is your passion The club at Falcon Point awaits you! Come on in and make yourself at home.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017