346 Indian Bayou
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%.
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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 30, 2021 | Sold | ||
| Sold | |||
| Feb 12, 2021 | Listed by Martha Turner Sotheby's | $1,149,000 | |
| Listed by Martha Turner Sotheby's | |||
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This stunning,updated (*in '18) home backs to a lovely wooded setting.The gated community is zoned to the highly acclaimed Spring Branch School District. Features include a formal living room,separate dining room & open living area on the 1st floor. The chefs kitchen is equipped with top of the line appliances, beautiful quartzite countertops, custom tile backsplash & soft close cabinets & drawers. Other features include beveled glass doors & custom hardware.Gleaming hardwoods are everywhere except the bedrooms. All bedrooms & the utility room are on the 2nd floor & the 3rd floor has a Wow! media/game room with remote controlled black out blinds, a gorgeous half bath & an outfitted kitchen/bar area. French doors lead to the outdoor area where there is an upper & lower deck.The owners have landscaped the grounds.There is storage galore throughout the home. The home is elevator capable*. 2 out of 4 AC units* & the roof* were replaced (in '18 ) *Per Sellers. Don't miss this opportunity!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017