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3701 University Boulevard
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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 12, 2025 | Sold | ||
| Sold | |||
| Apr 15, 2025 | In contract | - | |
| In contract | |||
| Apr 7, 2025 | Listed by Compass RE Texas, LLC - Houston | $1,799,000 | |
| Listed by Compass RE Texas, LLC - Houston | |||
| May 20, 2021 | Sold | ||
| Sold | |||
| Mar 26, 2021 | Listed by Greenwood King Properties | $1,400,000 | |
| Listed by Greenwood King Properties | |||
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Fantastic corner in desirable Southside Place across the street from West U Elementary School playground (buyer to verify and confirm eligibility). 1st floor includes formal living and dining rooms,den, spacious island kitchen,and playroom with built-ins(2015 addition). Kitchen with double ovens,desk and large breakfast room opens to side yard/deck. Primary bedroom has large sitting room with gas fireplace and recently updated primary bath (2015). 3 additional secondary bedrooms up (2 with private bath). Landscaped yard,sprinkler system,mature trees,8' privacy fence. Walk to school,baseball fields,library, restaurants, parks and more. Great community pool,park and amenities in Southside Place. All info per seller
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017