40
Map
19 Armstrong 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 |
|---|---|---|---|
| Aug 28, 2024 | Sold | ||
| Sold | |||
| Jul 30, 2024 | In contract | - | |
| In contract | |||
| Jul 13, 2024 | Price Decreased |
$2,600,000
↓ $200K
(7.1%) | |
| Price Decreased | |||
| Jun 10, 2024 | Price Decreased |
$2,800,000
↓ $100K
(3.5%) | |
| Price Decreased | |||
| Mar 24, 2024 | Listed by Compass RE Texas, LLC | $2,900,000 | |
| Listed by Compass RE Texas, LLC | |||
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Stunning updated modern estate located in the highly desired gated & guarded Stonebriar Village. This luxurious Sharif Munir custom build offers a location close to The Star, 121, and DNT. Step into the grand foyer and be captivated by marble floors, winding staircase, and jaw dropping imported chandelier. Boasting 5 bedrooms, including two master suites on the main level, and 6.5 bathrooms, with dual California closets & his and hers bathrooms adding an extra touch of luxury.Indulge your culinary passions in the chef's kitchen, meticulously designed with hand-selected luxurious leathered granite from Brazil. The kitchen features top-of-the-line appliances, custom cabinetry, and a spacious island. Entertain in the Bandara custom theater & maintain a healthy lifestyle in the impressive home gym. The backyard presents breathtaking views of the tranquil community pond and fountain, creating a serene retreat for relaxation and outdoor gatherings. Dont miss list of updates and video
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017