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2717 University Boulevard
About This Property
From the moment you arrive, you're welcomed by the home's cottage-style allure-graceful architecture, rich hardwood floors, and sun-drenched interiors that create an atmosphere both warm and refined. Every detail has been thoughtfully curated, from the formal dining room perfect for hosting to the tranquil backyard oasis designed for everyday relaxation. Upstairs you will find 3 light drenched bedrooms and two bathrooms, one of which is a generously sized primary suite. Step outside to enjoy premier shopping, acclaimed dining, lush parks, and top-rated schools-all while savoring the peace and charm of a classic West U setting.
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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 11, 2025 | Sold | ||
| Sold | |||
| Jul 17, 2025 | In contract | - | |
| In contract | |||
| Jul 8, 2025 | Listed by Compass RE Texas, LLC - Houston | $1,299,000 | |
| Listed by Compass RE Texas, LLC - Houston | |||
| May 13, 2019 | Sold | ||
| Sold | |||
| Apr 10, 2019 | Listed by Lappin Properties | $999,000 | |
| Listed by Lappin Properties | |||
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This darling updated home is a retreat from the hustle and bustle of the city. Prime location in West University where shopping and dining is a short walk away with easy access to Rice Village. This home boasts beautiful hardwood floors, plentiful storage, a spacious patio deck perfect for entertaining guests or relaxing after a long day, washer/dryer inside, and 3 bedrooms with 2 ½ baths. This is a home you don’t want to miss!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017