2705 Barbee Street
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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 |
|---|---|---|---|
| Jun 10, 2022 | Sold | ||
| Sold | |||
| Mar 15, 2022 | Listed by Compass RE Texas, LLC | $599,000 | |
| Listed by Compass RE Texas, LLC | |||
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Gated Washington Terrace DREAM HOME! The 2014 Mayberry Homes build boasts 2,772 sq. ft, 4 beds, 3.5 baths and TWO PRIMARY SUITES!; one up and one down. The comfortably large, inviting, striking open floor-plan features an open kitchen concept flowing directly to the living and breakfast areas. A grand foyer welcomes entry into the home and the eye is drawn to the custom architecturally detailed ceiling in the formal dining room, a straight-line view to a giant picture window framing the fully fenced back yard, and lastly a prominent wrought-iron staircase ascending to 2 secondary bedrooms, a substantial bonus room, and a second primary suite. Generously sized, fully fenced backyard and a sizable covered patio check off boxes for outdoor living lovers. This era of Mayberry homes signaled the renaissance of Third Ward/Riverside Terrace in earnest as droves of inner loop living affectionados flocked to this venerable historic neighborhood for its superior value/location proposition.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017