2028 Borthwick Lane
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 |
|---|---|---|---|
| Mar 6, 2024 | Sold | ||
| Sold | |||
| Feb 2, 2024 | In contract | - | |
| In contract | |||
| Oct 7, 2023 | Listed by eXp Realty LLC | $325,000 | |
| Listed by eXp Realty LLC | |||
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Beautiful one story home, 4 bed/2 bath with NO back neighbors! Located in the desirable neighborhood of Stewart's Forest, enjoy convenient access to I45, Grand Central Marketplace, The Woodlands, Lake Conroe and more! Walk through the front door and feel right at home with the open layout, perfect for entertaining. The spacious living room has luxury vinyl plank flooring, high ceilings and looks out to the huge, private backyard with a stunning view of the forest! The kitchen features granite countertops, stainless steel appliances and is open to the living room. The breakfast room/dining area is located off the kitchen and has a great view of the backyard. A desirable split floor plan, the primary bedroom is tucked away, creating a private suite oasis. The primary bathroom has double sinks, a separate shower, large soaking tub and TWO spacious walk-in closets! The other three bedrooms all have large closets. New HVAC system!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017