3109 Balzar 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 |
|---|---|---|---|
| Oct 1, 2024 | No longer available | - | |
| No longer available | |||
| Jun 8, 2024 | Withdrawn | - | |
| Withdrawn | |||
| May 7, 2024 | Price Decreased |
$285,000
↓ $10K
(3.4%) | |
| Price Decreased | |||
| Apr 1, 2024 | Listed by Phelps Realty, LLC. | $295,000 | |
| Listed by Phelps Realty, LLC. | |||
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Beautifully maintained 3 bedroom 2 bath split floor plan with wonderful, stately curb appeal. Large widows provide lots of natural light. High, stylish recessed ceilings. Open concept kitchen with island features granite countertops and expansive bar area which adjoins the dining area and is onlooking the expansive living room. Generous primary suite leads to the luxurious primary bath with soaking tub and separate shower. Each bedroom features its own walk-in closet. Neutral colors throughout the home. Outdoor area features fully fenced yard, electric gate, very large corner lot, extra wide driveway and space for RV parking. No flooding per prior and current owner. Easy access to I-45, Kemah, area malls and closer shopping nearby. Tenant occupied until 6/3/24. Owner is firm on pricing, serious offers only.
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| Jan 7, 2021 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017