2321 Addison Road
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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 15, 2021 | Sold | ||
| Sold | |||
| May 31, 2021 | Listed by Golshan Realty | $829,000 | |
| Listed by Golshan Realty | |||
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Well maintained and cared for home. Walking distance to Rice Village, Rice University and Roberts Elementary. Property is surprisingly larger than it appears from the street, and has 4 bedrooms, and 3.5 bathrooms, with two story high ceiling in livingroom area with plenty of natural light. Property was extensively worked on in July/Aug 2019 (interior paint, hardwood refinished, carpet/padding (two bedrooms), Upper balcony decking/sliding door replaced, automatic gate arm and electronics replaced). Also: 1) Landscaping (backyard and frontyard) (2011, 2014), 2) Roof (2010), Double pane windows installed (2011). Make an appointment to see this house soon and make it your home! Interactive Virtual Tour Online (Click on Virtual Tour selection and walk-through the property online!)(Video tour is also online).
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017