1856 El Mar Ln
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 |
|---|---|---|---|
| Sep 26, 2024 | Sold | ||
| Sold | |||
| Sep 10, 2024 | In contract | - | |
| In contract | |||
| Aug 30, 2024 | Listed by Texas Real Estate & Co. | $268,900 | |
| Listed by Texas Real Estate & Co. | |||
| | |||
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Welcome to this beautifully remodeled gem, perfectly situated in a peaceful Seabrook neighborhood. As you step inside, you’ll be greeted by an inviting open concept living space, featuring a stunning accent wall and an abundance of natural light that flows effortlessly into the kitchen and dining areas. Every detail has been carefully updated in 2023/2024 from the sleek flooring, baseboards, carpet in bedrooms, interior paint to the elegant kitchen boasting new cabinets, countertops, and stainless-steel appliances. All bathrooms have been tastefully transformed, offering modern finishes and comfort. Outside, you'll find thoughtful upgrades including French drains, gutters, and a fresh coat of exterior paint. New roof, water heater, and HVAC system, Most completed in 2023. A new back fence on all three sides and water softener installed in 2024. This home is truly ready for you to move in and start making memories. Don’t miss out—schedule your appointment today!
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| May 11, 2023 | Sold | ||
| Sold | |||
| Apr 10, 2023 | Listed by eXp Realty, LLC | $247,500 | |
| Listed by eXp Realty, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017