2358 Blue Bonnet Boulevard
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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 30, 2024 | Sold | ||
| Sold | |||
| Jul 11, 2024 | In contract | - | |
| In contract | |||
| Jun 19, 2024 | Listed by Beth Wolff Realtors | $1,250,000 | |
| Listed by Beth Wolff Realtors | |||
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This property is being sold for Lot Value Only. Rare opportunity to own one of the premier locations in Old Braeswood. The beautifully wooded 16,000+ square foot homesite spans the northeast corner of Blue Bonnet and Kelving. The estate community of Old Braeswood was created in 1928 as Rice University, Hermann Park and the initial dedication of the Texas Medical Center property were being developed. The curvilinear street layout was a design element of the 1920's Houston area developments which feature oak lined streets and estate style lots. This property is a great example of how this design element creates an elegant streetscape. One block from Braeswood Park in the center of the neighborhood.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017