2408 Molly 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%.
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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 |
|---|---|---|---|
| Mar 15, 2021 | Sold | ||
| Sold | |||
| Feb 24, 2021 | Listed by Cityscape Brokers | $418,655 | |
| Listed by Cityscape Brokers | |||
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Stunning 4/3 1.5 story home in sought-after Hazlewood community featuring 3 car garage, covered back patio, game room up, office w french doors, hardwood floors in living areas, & high end finishes throughout. Open concept kitchen w granite counters, SS appliances, gas cooktop, island with seating, upgraded lights & fixtures, under cabinet lighting & ample storage. Kitchen open to dining room w soaring ceilings, iron spindle staircase to game room, & hardwood floors flowing into the impressive living room. Primary retreat is tucked away overlooking backyard, features a spacious en suite with double sinks, granite counters, garden tub and separate standing shower. Front office is perfect place to work from home. Covered patio is the ideal place to enjoy fabulous sunset and sunrise views! 2nd patio in side yard with garage entrance. Zoned to excellent Leander schools. Located near tons of new shopping and restaurants. Proximity to tollway allows for easy commute to Austin.
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About Leander
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017