2959 Texas Avenue
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 |
|---|---|---|---|
| Aug 30, 2024 | Sold | ||
| Sold | |||
| Aug 11, 2024 | In contract | - | |
| In contract | |||
| Jul 18, 2024 | Listed by Cambridge Homes | $939,000 | |
| Listed by Cambridge Homes | |||
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Single Story four bedroom pool home in the desirable Texas Tract! Located on a beautiful tree-lined section of Texas Ave., this Spanish style home is in a prime location! The Simi Hills golf course is located nearby. The Living room boats vaulted ceilings and a wood burning fireplace. A formal dining room opens to the living room. The family room is massive. This model is loved by so many buyers because you can remove some walls and create a massive great-room. The open kitchen offers beautiful views of the stunning backyard. Open up the sliders and walk out into a backyard built for entertaining! This is California living. Enjoy days in the pool or evening dinners under the massive patio cover. There's even grass to play on or for the dogs. The primary bedroom also has vaulted ceilings and an en-suite bathroom. A convenient side door is perfect for anyone coming in from the pool. The primary also has a large walk-in closet. The laundry room is indoors and and leads to the spacious two car garage.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017