3215 Ferndale Street
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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 |
|---|---|---|---|
| May 3, 2024 | Sold | ||
| Sold | |||
| Mar 22, 2024 | In contract | - | |
| In contract | |||
| Mar 8, 2024 | Listed by Compass RE Texas, LLC - Houston | $1,445,900 | |
| Listed by Compass RE Texas, LLC - Houston | |||
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A fabulous family home on Ferndale! Longtime owner has lovingly and meticulously expanded and upgraded the home over the years. So much to see when you come inside! Spacious kitchen with all the upgrades and large island is perfect for all of your culinary conquests. Light-filled family room is warm, cozy and truly the heart of the home with its showcase marble fireplace surrounds and wet bar... the perfect place to entertain! Homeowner added the second story with its oversized primary retreat overlooking the sparkling pool and a secondary bedroom with ensuite bathroom and walk-in closet. Pretty pool + spa and patio with grill, outdoor shower and pool bath makes the perfect setup for those nice spring/summertime days and evenings that are just around the corner! Three car garage and plenty of parking behind the gate! Walkable to all the local favorites for shopping and dining. Fantastic opportunity to get onto a beloved street in the Upper Kirby area. A pleasure to show!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017