347 Mahan Rd
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 |
|---|---|---|---|
| May 28, 2025 | Sold | ||
| Sold | |||
| Apr 27, 2025 | In contract | - | |
| In contract | |||
| Mar 16, 2025 | No longer available | - | |
| No longer available | |||
| Mar 6, 2025 | Listed by WSI Realty | $294,900 | |
| Listed by WSI Realty | |||
| Jan 31, 2025 | Listed by WSI Realty | $294,900 | |
| Listed by WSI Realty | |||
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*$8000 builder credit with preferred lender* Must see Matterport/Virtual Tour. New construction on over an acre lot; additional info on this and other homes and lots in the community are available. This community offers brand-new homes on oversized lots with open meadows. Just minutes outside Somerset, TX, and a short drive to San Antonio, you will enjoy the benefits of big city shopping and amenities, with a quaint rural atmosphere to call home.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017