3838 Overbrook Lane
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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 25, 2021 | Sold | ||
| Sold | |||
| Apr 16, 2021 | Listed by Compass RE Texas, LLC | $2,195,000 | |
| Listed by Compass RE Texas, LLC | |||
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Incredible value in exclusive Royden Oaks! Nearly 6,000 sqft on oversized 9,975 sqft lot. Features too many to list...highlights include: Spectacular pool & spa, green space, convenient porte-cochere with side-entry, two large covered patios, 5-6 bedrooms including private "nanny" quarters, large game room, updated chef's kitchen, all LED lighting, and newly renovated primary and secondary baths. Short walking distance to River Oaks Baptist. This won't last! Open house this Sunday the 18th from 1:00-3:00.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017