2204 Barak 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 |
|---|---|---|---|
| Jul 29, 2022 | Sold | ||
| Sold | |||
| Jun 23, 2022 | Listed by Cedar Frame, LLC | $229,500 | |
| Listed by Cedar Frame, LLC | |||
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This 4 bedroom, 2 bathroom home, with 1,658 sq ft, is expertly located within blocks of Johnson Elementary, Bryan High, and Bob Cherry Park. The recently updated home boasts a vaulted ceiling and recessed lighting in the living room and beautiful hardwood cabinets with granite countertops and a tumbled marble backsplash in the kitchen. Keep cool in the Texas heat with ceiling fans in every room. Buyers will also appreciate bathrooms with granite countertops and custom-tiled shower surrounds, tile flooring in the wet areas, and luxury vinyl plank flooring throughout the rest of the home. Outside you'll find an updated roof that was replaced in 2021, a nearly quarter of an acre lot with several mature shade trees, and a private backyard with a spacious storage shed.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017