2019 Peppermill Road
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 1, 2023 | Sold | ||
| Sold | |||
| Aug 11, 2023 | Listed by Substantia Realty LLC | $374,900 | |
| Listed by Substantia Realty LLC | |||
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Welcome to 2019 Peppermill! This fabulous property located in the heart of rapidly growing Spring Branch has equal parts charm and style. The high ceilings, abundant natural light, beautiful renovations to every room of the property, and large patio make this an ideal property for you and your family to call home (plus, did you see that treehouse?!). You'll also be able to rest easy knowing that this property has never flooded, the entire HVAC system is less than 5 years old, the electrical panel was replaced last year with all the modern safeguards one could ask for, and your insulation and windows are top of the line. With high end dining just minutes away, Memorial City mall only slightly farther, easy access to the Beltway, I-10, and 290, and all the grocery, shopping, and experiences you could want nearby, you'll never be more than a few minutes getting where you need to go. Don't let an opportunity like this pass you by, schedule a tour of this gem today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017