23115 Brace Street
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 |
|---|---|---|---|
| Jan 28, 2025 | Sold | ||
| Sold | |||
| Dec 27, 2024 | In contract | - | |
| In contract | |||
| Dec 6, 2024 | Listed by Waller County Land Co. | $340,000 | |
| Listed by Waller County Land Co. | |||
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Charming 3-bedroom, 1.5-bath home on 1.77 unrestricted acres in Waller ISD, with a very low tax rate. This home features a whole-home generator, standalone hot tub, & a large back patio perfect for outdoor relaxation. The spacious custom walk-in closet could function as an additional bedroom, while the 3rd bedroom is currently used as a home office, offering flexibility. Custom built-ins throughout provide ample storage and unique character. The 12x16 laundry room boasts remarkable built-ins you must see to fully appreciate. The home has been replumbed with durable PEX piping and includes a convenient manifold system in the laundry room. The oversized 2-car garage features a workshop, additional covered storage, and a separate storage shed in the back. This property offers exceptional features that must be seen in person! Seller requires pre-approval or proof of funds before showing appointment confirmation. Recently appraised at the asking price.
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About Harris
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017