2500 Avalon Place
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 |
|---|---|---|---|
| Jul 13, 2023 | Sold | ||
| Sold | |||
| Jun 7, 2023 | Listed by Greenwood King Properties | $1,895,000 | |
| Listed by Greenwood King Properties | |||
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Stylistically appointed over the last 16 years by a local designer. The property exudes sophistication while balancing a cool & cozy sense of home. Master suite down w/ fireplace, adjoining rm that could be used as a larger closet, nursery, workout rm additional study. 4 equally sized bdrms & 2 full baths all w/generous storage located upstairs. Vaulted entry looks into the 2 story living w/ stone fireplace, custom stained wood doors for added privacy & tall steel doors looking out over the lush private backyard space. Dining has beautiful custom window treatments & designer lighting w/ mock fireplace & hardwoods. The kitchen w/honed black granite counters, stainless appliances, large pantry, mud rm concrete sink & utility & half bath. Incredible outdoor space offering beautiful landscaping, pool & a turfed dog run. Two car garage and electric driveway gate. Incredibly maintained gem in the heart of Houston. Zoned to River Oaks Elementary(buyer to verify eligibility & enrollment)
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017