2602 Basil Point Court
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 |
|---|---|---|---|
| Aug 30, 2023 | Sold | ||
| Sold | |||
| Jun 14, 2023 | Listed by Richmond Realty Group | $279,999 | |
| Listed by Richmond Realty Group | |||
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This newly listed property is situated on a cul-de-sac lot that boasts picturesque views of a serene pond with an unbeatable location within just a short drive to Downtown Houston! This impeccably maintained two-story home has a nice open concept with natural light galore! Upon entry, you walk into the spacious living area that has seamless movement into the dining and kitchen area. Beautiful kitchen offers stainless-steel appliances, gas range, breakfast bar and dining room. Upstairs you have a large primary suite with dual sinks, tub, separate shower, walk-in closet and two other guest bedrooms with sizable closets and an oversized game room! The backyard has an extended concrete slab with enough room for children and pets to run and play. Ideal opportunity for homeowners looking for a peaceful retreat that is still conveniently located to city amenities.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017