3 Carmel 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 |
|---|---|---|---|
| Jun 30, 2023 | Sold | ||
| Sold | |||
| Jan 9, 2023 | Listed by Compass RE Texas, LLC | $545,400 | |
| Listed by Compass RE Texas, LLC | |||
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Two story new construction home for sale in Manvel, TX. Open-concept layout features an elongated foyer entryway with a breathtaking view of the over-sized family room with a full wall of windows. Our gourmet kitchen is a chef's dream kitchen with a large granite kitchen island, double ovens, and walk-in pantry. Formal dining room and separate breakfast area. Study on the first level allows you to work from home or for the children to do their online learning. Over-sized family room offers plenty of space for quality family time. Grand primary suite boasts a massive closet with an extra storage nook. Spacious primary bath feature his and hers sinks, sit-in vanity, separate soaking tub, and walk-in shower. Open to below makes it easy to keep an eye on the kids from the first level. 3 spacious secondary bedrooms and large game room lie upstairs. Covered back patio with outdoor kitchen!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017