2012 S Payne Ave #A
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 |
|---|---|---|---|
| May 28, 2026 | In contract | - | |
| In contract | |||
| May 14, 2026 | Withdrawn | - | |
| Withdrawn | |||
| May 14, 2026 | Listed by eXp Realty, LLC | $349,000 | |
| Listed by eXp Realty, LLC | |||
| Apr 10, 2026 | Price Decreased |
$390,000
↓ $31K
(7.4%) | |
| Price Decreased | |||
| Mar 14, 2026 | Listed by Ty Lee | $421,200 | |
| Listed by Ty Lee | |||
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Location doesn't get any better than this! 15 minutes from downtown and campus. 7 minutes from Mopac and surrounded by popular restaurants and retail. OPEN HOUSE SATURDAY, 3/28/26 FROM 1-4PM. Enjoy the nearby walking trail and Brentwood School. Step inside and you'll be greeted by fresh paint and an open floor plan. Natural light creates a bright and airy atmosphere. You'll find cozy private bedrooms just down the hall. Wait til you see the back yard! Ample outdoor space under the shade of trees from the hot Texas sun. Cooking fans will love the pizza oven that is included on the back deck. HVAC is 2024 for those hot Texas summers and save money with solar panels! Come make this home yours before it is gone! Any furniture shown is for illustrative purposes only and not included. We don't post on facebook so if you see it there, it is a scam.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/14/2026
|
2 Bed
|
1 Bath
|
720 ft²
|
$421,200
2 Bed
1 Bath
720 ft²
|
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-
|
Ty Lee
Ty Lee
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017