1827 Isom Street
About This Property
Beautiful all brick home. Sits on a .284 lot. Professionally Built in 2008. NO HOA/deed restrictions. Original owner. NEVER FLOODED. LISTED PRICE BELOW APPRAISAL DISTRICT. Mature fruit trees. Walk into an open living area. High ceiling. Residential and or business possibilities. The property is SOLD AS IS, WHERE IN CONDITION, WITHOUT WARRANTY EPXRESSED OR IMPLIED CONDITION. Located in the Aldine area with easy access to/from Hardy and Beltway. FRESHELY PAINTED AND READY TO MOVE IN. A/C unit 2 years old. Hugh patio that can be convert into a sunroom. Home is located at the end of a private driveway to a remote control gate.
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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%.
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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.
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 27, 2020 | Sold | ||
| Sold | |||
| May 6, 2020 | Listed by J. Lindsey Properties | $205,000 | |
| Listed by J. Lindsey Properties | |||
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About Magnolia Gardens
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Last Updated: 3 years ago
Data Source: HAR , MLS# 58354200
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Address: 335 Madison Avenue, New York, NY 10017