39 Knipp Road
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 |
|---|---|---|---|
| Nov 30, 2022 | Sold | ||
| Sold | |||
| Oct 14, 2022 | Listed by Greenwood King Properties | $2,799,000 | |
| Listed by Greenwood King Properties | |||
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Exquisite French Country custom home updated in last 3 yrs on a Sandalwood cul-de-sac. From elegant entry to spacious formal areas w/ open floor plan featuring wide plank hardwoods, double paned windows, plantation shutters, front & back stairs. Dining room & paneled study located off front entry hall. Lavish chef’s kitchen features 12ft island, 2 dishwashers, La Cornue 5 burner gas range, & spacious home office. Kitchen, breakfast room & family room open to each other & have lovely views of backyard, pool & gardens. Primary suite includes beautifully appointed bath & amazing closet! Upstairs 4 bedrooms, 3 baths, game room w/ built-ins, & den currently used as a gym w/ceiling vaulted to 13 ft. Professional landscaping, covered patio area for al fresco dining, & pool & spa areas for relaxing. 3 car garage & mosquito misting system. Desirable SBISD schools (Buyer to verify eligibility). Fish, boat, swim in 3 Sandalwood lakes! Seller requests leaseback thru Jan 2023. All info per Seller.
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| Apr 16, 2019 | Sold | ||
| Sold | |||
| Feb 22, 2019 | Listed by Greenwood King Properties | $2,475,000 | |
| Listed by Greenwood King Properties | |||
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Exquisitely Designed French Country Custom Home. From elegant entry to chef’s dream kitchen this is a showplace! Open floor plan features wide plank hardwoods, double paned windows, plantation shutters, front and back stairs. Dining rm and paneled study are located off the front entry hall. The kitchen features 12 ft granite island, 2 dishwashers, La Cornue 5-burner gas range, and spacious home office. The kitchen, breakfast rm and family rm open to each other and have lovely views of backyard, pool and gardens. Master suite includes beautifully appointed master bath and amazing closet! Upstairs 4 bdrms, 3 baths, a game room with built-ins and hardwood floors and additional den with ceiling vaulted to 13 ft. Professional landscaping, covered patio area, and delightful pool and spa areas for relaxing. 3-car garage and mosquito misting system. Award winning Spring Branch ISD schools. Fish, Boat, Swim in 3 Sandalwood lakes!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017