2405 Mcclendon 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 |
|---|---|---|---|
| Nov 22, 2023 | Sold | ||
| Sold | |||
| Oct 19, 2023 | Listed by Keller Williams Metropolitan | $1,310,000 | |
| Listed by Keller Williams Metropolitan | |||
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Located in coveted Southgate area, this renovated brick home is the perfect sanctuary for those who appreciate sophistication and comfort in equal measure. Rich hardwood flooring throughout, a warm pallet of neutral colors, and gorgeous designer updates create a harmonious blend of comfort, style, and modern living. This exceptional and spacious floor plan features the fully renovated primary suite on the first floor! Living room showcases a gas log fireplace, built-ins, and gorgeous wall of windows looking out to the serene backyard space. New Jeld-Wen windows throughout. Fully renovated chef's kitchen features custom wood cabinets, sustainable Neolith countertops, Wolf range and Sub-Zero fridge. Second floor features a large gameroom w/built-ins, amazing storage closet(must see!), and thoughtfully situated secondary bedrooms. List of extensive updates available. Walking distance to Rice Village, Rice University, & Texas Medical Center. Zoned to Roberts Elementary, an IB World School!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017