207 Carnation
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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 24, 2023 | Sold | ||
| Sold | |||
| Jul 20, 2023 | Listed by Coldwell Banker Ultimate | $252,000 | |
| Listed by Coldwell Banker Ultimate | |||
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207 Carnation Street in Lake Jackson is a stunning example of midcentury modern architecture. This spacious property beautifully showcases the importance of accessible and functional design, with a strong connection between indoor and outdoor spaces. The home has undergone a complete remodel, blending nostalgic elements with modern contemporary features. Inside, you'll find generously sized rooms and new appliances, providing a comfortable and modern living experience. Updates also include new windows and a new roof in 2021. With three spacious bedrooms and a versatile flex room, this home offers ample space for various needs. This home represents the epitome of midcentury modern design, combining timeless elements with contemporary comforts. This home was built in 1956 but with the renovations and improvements, second to none - effectively it could be considered new. Buyers - don't miss this opportunity. In a word - WOW!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017