2618 Old River Lane
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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 |
|---|---|---|---|
| Aug 7, 2024 | Sold | ||
| Sold | |||
| Jul 26, 2024 | In contract | - | |
| In contract | |||
| Jun 5, 2024 | Listed by Compass RE Texas, LLC - Houston | $339,900 | |
| Listed by Compass RE Texas, LLC - Houston | |||
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One story home located on a quiet cul-de-sac with lots of renovations. Home offers 3 bedrooms and 2 full baths plus flex room and formals. As you enter the home, you are welcomed by a spacious formal living room and dining room. Formal living space is large enough for a grand piano and seating area or could even be converted into a study. Open concept kitchen has a fresh look with light gray cabinets, subway tile backsplash, and Quartz countertops. Spacious primary bathroom has plenty of room for king size bed and large furniture. Both bathrooms have been updated with modern subway tile, Quartz countertops, and stylish mirrors and lighting. Flex space in between the two secondary bedrooms has room for a desk and secondary living space, playroom, or even workout space - so many possibilities. It could easily be turned into a 4th bedroom or enclosed study. Quick access to 90 and Grand Parkway (99). Home has never flooded! Brand New Roof - January 2024!
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| Mar 31, 2021 | Sold | ||
| Sold | |||
| Feb 25, 2021 | Listed by Bayou Vista Realty, LLC | $270,000 | |
| Listed by Bayou Vista Realty, LLC | |||
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This beautifully renovated, open floor-plan home has 3 bedrooms, 2 full baths, 1 half bath, and a flex room. This lovely home is at the end of a cul-de-sac and is within walking distance to the soccer fields, playground, and community pool. Throughout this immaculate home there is wood plank tile! The kitchen is renovated with brand new quartz countertops, a gorgeous backsplash, and a stainless steel farmhouse sink. The breakfast area has a convenient window seat for added storage. The bathrooms boast their new quartz countertops and classy white subway tile. The home features a water filtration/softener system, sprinkler system, outdoor speakers, and the family room is wired for surround sound. The backyard has custom design patio pavers. The dishwasher, microwave and water heater are all less than 3 years old! Make an appointment today! Home has never flooded.(per seller)
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017