2203 Mcclendon Street
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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 1, 2024 | Sold | ||
| Sold | |||
| Mar 31, 2024 | In contract | - | |
| In contract | |||
| Feb 29, 2024 | Listed by MoveGroove LLC | $1,100,000 | |
| Listed by MoveGroove LLC | |||
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Introducing the epitome of refined living, 2203 McClendon, a fully remodeled gem nestled on a generous corner lot in the prestigious Southgate neighborhood. This exquisite home boasts an unparalleled location, offering the convenience of a short stroll to Rice University, the renowned medical center, the vibrant Rice Village, and the highly acclaimed Roberts Elementary. The thoughtful renovation has been meticulously executed to meet the highest standards of quality and elegance. The open floor plan invites an abundance of natural light, creating a warm and inviting atmosphere throughout the home. The chef's kitchen is a masterpiece of design and functionality, featuring top-of-the-line appliances, sleek countertops, and ample cabinetry, making it an ideal space for culinary exploration. Outside, the expansive corner lot affords a private oasis, with lush landscaping and ample space for outdoor activities and relaxation.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017