3012 Tangley Road
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 23, 2022 | Sold | ||
| Sold | |||
| May 5, 2022 | Listed by Keller Williams Metropolitan | $1,629,000 | |
| Listed by Keller Williams Metropolitan | |||
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Welcome to 3012 Tangley! Situated on a pretty, tree lined street in the heart of West University, this classically beautiful home boasts a highly desirable location with walkability to beloved Weir Park, Tennis Courts and Rice Village. The home was completed in 2011 by renowned local builder Frank Liu and features special architectural details including elegant wainscoting, crown molding and terracotta tile roof. With a southerly aspect, open floor plan, abundant windows and 10 foot ceilings down, the first floor living space has amazing natural light with views out over a private backyard with sparkling pool. The kitchen features light oak cabinetry, stainless steel appliances and a breakfast area large enough for a 6 seater table. The study down is easily large enough to be a formal living or 1st floor game room. 4 bedrooms up with large primary suite and sitting area. The third floor is a perfect guest suite, gameroom, 2nd home office or home gym. All per seller.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017