297 E Circuit 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 |
|---|---|---|---|
| Jul 10, 2023 | Sold | ||
| Sold | |||
| May 11, 2023 | Listed by Keller Williams Southeast Texas | $325,000 | |
| Listed by Keller Williams Southeast Texas | |||
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Stunning West End home in the Circuits! 3/1.5/1 with additional garage space and 382-sq foot detached apartment with its own central air/heat, full bath and own entrance. Built in 1948, this beautiful pier & beam has original hardwood floors, 100-yr Royal Roofing recycled plastic shingle roof installed after Rita, new energy efficient windows throughout, 3 AC units, 2 water heaters, 2 covered back porches -one with copper roof, the other with an Argentinian grill and outdoor sink. House was recently leveled, moisture barrier installed, as well as 2 new foundation blowers on timers under the home. Both the interior and exterior of the home have been recently painted. Home features Italian hand painted tiled floors in kitchen and sunroom. Kitchen countertops tiles are also hand painted. Backyard has 2 antique light fixture that originated from the Galveston Strand. This home has so much character - you must see in person to appreciate!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017