27 Mellow Leaf 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 |
|---|---|---|---|
| Sep 14, 2022 | Sold | ||
| Sold | |||
| Aug 26, 2022 | Listed by Compass RE Texas, LLC | $775,000 | |
| Listed by Compass RE Texas, LLC | |||
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This spectacular 3,567 sq ft home in desirable Panther Creek is situated in a cul de sac with a heated pool + spa + covered porch housing outdoor fireplace + complete summer kitchen. The interior has been completely + lovingly updated throughout by interior designer seller. Media room addition. Wood + brick paver floors, no carpet downstairs. Carrera counters in kitchen + all baths. Floating cedar beams in kitchen + media room. Huge great room w/updated fireplace + painted ash paneled walls. Wet bar between kitchen + great room. 12x11 room off downstairs primary bedroom is perfect as office or nursery. Upstairs 3 bedrooms + 2 full baths (1 is Jack + Jill). Gameroom + new media room have hardwood floors. Double paned windows with lifetime warranty. Replaced both HVAC systems + water heater for downstairs. Ample, accessible storage in Texas basement. Low taxes + utilities. Fabulous location close to park, Market Street restaurants + shopping. Great schools.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017