2705 Williamsburg Drive
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 29, 2023 | Sold | ||
| Sold | |||
| Aug 24, 2023 | Listed by Keller Williams Hou Preferred | $260,000 | |
| Listed by Keller Williams Hou Preferred | |||
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Beautiful 4 bedroom 2 bath home on an oversized lot. This home is in an established neighborhood with many mature trees & surrounded by others homes with plenty of character. You are close to all major shopping (Baybrook/ Costco) with easy access to I-45. As you enter, you are greeted with dark laminate wood floors that flow through the common areas. To the left of entering you will find a formal living & dining area. This space could also be utilized as a home office &/or a play area for the kids. In the living room the beautiful brick fireplace is the focal point that is just waiting to be decorated for fall & the holiday season. The black & white kitchen is such a classic look. The exterior is all brick & has a detached garage - they just don’t build them like this anymore. In the backyard you have a huge concrete patio still with plenty of yard space to entertain or a place for the kids or pets to play! You are sure to feel a sense of home as soon as you walk through the door!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017