24623 Garnet Stone Lane
About This Property
A private home office, tucked behind French doors, offers a quiet space for work or study. The open kitchen features a center island, granite countertops, a herringbone backsplash, stainless steel appliances, ample cabinetry, and a pantry. The sunny breakfast nook, with views of the backyard, is perfect for casual meals.
The family room boasts a fireplace, soaring ceilings, and large windows overlooking the backyard. The first-floor primary suite includes high ceilings, bay windows, and a private bathroom.
Upstairs, you'll find a large game room, three secondary bedrooms, and two full bathrooms. The backyard offers a spacious patio and a fully fenced yard, ideal for outdoor dining, play, and safety for pets or kids.
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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 |
|---|---|---|---|
| May 16, 2025 | Sold | ||
| Sold | |||
| Apr 16, 2025 | In contract | - | |
| In contract | |||
| Mar 19, 2025 | Listed by Great Houston Realty | $549,000 | |
| Listed by Great Houston Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017