3123 Longleaf Meadows Drive
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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 14, 2023 | Sold | ||
| Sold | |||
| Mar 20, 2023 | Listed by Martha Turner Sotheby's International Realty | $357,500 | |
| Listed by Martha Turner Sotheby's International Realty | |||
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Great opportunity to purchase recent construction in gated community of Briarmont, centrally located and close to Houston's finest shopping and gourmet restaurants. This free standing , 2 story ,single family home, features two balconies ( one off of living area and one of off primary suite_), a corner lot, and a nice sized, fenced backyard with astroturf (maintenance free ) .The living area , located on the second floor, has hardwood floors throughout and an open floor plan. Enjoy the comfortable living/dining area with lot of windows , lots of light, and access to the charming back balcony. Cook's kitchen with oversized large island has stainless steel appliances , granite counters, and pretty subway tile backsplash. Primary bedroom features an ensuite bath, two walk-in closets and access to the second balcony. Two bedrooms downstairs share the second bath and both have recent carpet ( per Seller). 2 car attached garage. Area pool with outdoor kitchen for all residents to enjoy!!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017