3505 Pedernales
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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 |
|---|---|---|---|
| Oct 15, 2021 | Sold | ||
| Sold | |||
| Aug 7, 2021 | Listed by TX Lake & Land Real Estate | $499,950 | |
| Listed by TX Lake & Land Real Estate | |||
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Exceedingly stylish Neches cutom-built home in the highly desirable gated community of Oakwood on Lake Athens. Among its many features, this home has a split bedroom layout, open concept with soaring ceiling in kitchen and living area, an abundance of natural light, oversized closets, large kitchen island, two dishwashers, outdoor living area, swimming pool, and use of Oakwood amenities including pickle ball court, community pool, clubhouse, fishing pier, and gated access. Situated on a double lot, the property has a lush lawn, landscaping, and a serene setting.
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Last Updated: 6 months ago
Data Source: NTREIS MLS, MLS# 14643502
Details provided by NTREIS and may not match the public record
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017