1612 Cowtown 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 10, 2024 | Sold | ||
| Sold | |||
| Jun 4, 2024 | In contract | - | |
| In contract | |||
| May 13, 2024 | Listed by Offerpad Brokerage, LLC | $389,900 | |
| Listed by Offerpad Brokerage, LLC | |||
| Mar 26, 2024 | No longer available | - | |
| No longer available | |||
| Feb 23, 2024 | Listed by White Rock Realty | $397,000 | |
| Listed by White Rock Realty | |||
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This is a beautiful John Houston home that is still like NEW! This home has an open floor plan with a large living area with wood flooring that leads to a stunning glass tiled fireplace. The kitchen is filled with dark wood custom cabinetry with a large island and matching dark wood base that is also custom designed. The first floor not only has a kitchen and living area but it also has a bedroom and full bathroom, large laundry area, and a sizable master bedroom with a walk in closet. Located on the 2nd level is a loft that over looks the entry way and living area with a bedroom and yes another full bathroom. THIS HOME WILL NOT LAST LONG!!! Listing agent is related to seller. The manager has listed the unit size as 2129 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017