3208 Brazos River Drive
About This Property
Downstairs features a half bath and an open concept floor plan. The great room, kitchen and dining room flow seamlessly together to create an open and inviting feel. Upstairs you will find 3 bedrooms and two bathrooms as well as the utility room. Great floor plan to separate living space from bedrooms. Large garage is attached with an entrance into the main hallway. Plenty of storage throughout home with multiple closets on the first floor, as well as large closets and built in shelving upstairs.
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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 8, 2024 | Sold | ||
| Sold | |||
| Jun 3, 2024 | In contract | - | |
| In contract | |||
| May 31, 2024 | Price Decreased |
$267,500
↓ $3K
(0.9%) | |
| Price Decreased | |||
| Feb 1, 2024 | Listed by Keller Williams Brazos West | $270,000 | |
| Listed by Keller Williams Brazos West | |||
| Aug 21, 2023 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017