3911 Avenue N
About This Property
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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%.
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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.
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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 12, 2021 | Sold | ||
| Sold | |||
| Oct 9, 2021 | Listed by UTR TEXAS, REALTORS | $239,000 | |
| Listed by UTR TEXAS, REALTORS | |||
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Historic inspired bungalow. Per owner, was "taken down to the studs" & totally re-done in recent times. Some features include: 2 covered patios, 12' & 14' ceilings, laminate wide plank floors, marble backsplash in kitchen, undercabinet lighting, pendant lights in kitchen, premium stainless appliances, dual panel storm windows throughout and vertiglide shades. Roof replaced (2017 back, 2019 front). Recessed lighting throughout. Great bath with oversized tile & mosaic glass shower & dual vanity. Master bedroom has 2 nice-sized closet. Back yard has room for garage/carport, or off-street parking, featuring double gate for easy street access behind home. Walking distance to beach & downtown. Beach themed decor and furniture can be sold separate. Per Seller: Never flooded. Too many amenities to list. Must see!! ROOM SIZES ROUNDED OFF.
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| Jun 7, 2019 | Sold | ||
| Sold | |||
| Feb 9, 2019 | Listed by Martha Turner Sotheby's | $181,800 | |
| Listed by Martha Turner Sotheby's | |||
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Captivating historic-inspired bungalow, which was recently "taken down to the studs" & totally reimagined, boasts outstanding designer finishes & upgrades! Majestic 12 ft ceilings & exceptional laminate wood wide plank floors thruout. Stellar high-end Vertiglide shades which open from top or bottom adorn all windows. Fab open concept plan-ideal for island entertaining! Superb chef's kitchen appointed w/ recent premium stainless appliances (inc. KitchenAid refrigerator), gorgeous Silestone counters, Italian Carrerra marble subway tile backsplash, peninsula breakfast bar, custom cabinetry & under-cabinet lighting. 3 gracious bedrooms (one w/ built-in "Murphy" bunk beds). Luxurious bath enhanced by an oversized tile & mosaic glass shower & elongated dual vanity. Large backyard w/ ample space for garage or carport. Excellent short term rental income potential! Only a few minutes to the renowned UTMB medical center, the downtown historic district & stunning white sand beaches.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017