3258 Avalon Place
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 |
|---|---|---|---|
| Mar 30, 2022 | Sold | ||
| Sold | |||
| Feb 28, 2022 | Listed by Compass RE Texas, LLC | $2,995,000 | |
| Listed by Compass RE Texas, LLC | |||
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Quintessential River Oaks beauty, nearly 3600sf of living space on a picturesque 13,275sf lot! This backyard is what dreams are made of! The house features a slurried brick exterior, double front porch, hardwood floors, recessed lighting, new windows and updates throughout. Formal Living and Dining Rooms with abundant natural light, informal Den with high ceilings and double french doors to the exterior space and a sunroom that offers the ultimate flexibility for work-from-home or flex space. Kitchen has been updated with marble countertops, SS appliances, reverse osmosis under the Kitchen sink, and designer window coverings. There is also a whole house water softener. Second floor features 3 generously sized bedrooms that all feature en-suite bathrooms. The backyard is an oasis of relaxation and recreation with a heated salt water pool, custom putting green and a large loggia with an outdoor kitchen. You will not want to miss this opportunity!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017