3923 Balmoral Lane
About This Property
The den seamlessly opens to the kitchen and breakfast area, creating a warm and inviting atmosphere for both family living and entertaining. The back yard is a delightful retreat, featuring a gazebo and a new fence, offering a private outdoor space for relaxation and gatherings. AC is less than a year old.
This description captures the essence of a welcoming and well-appointed home, perfect for those seeking a blend of comfort, style, and functionality.
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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 |
|---|---|---|---|
| Feb 24, 2025 | Sold | ||
| Sold | |||
| Jan 27, 2025 | In contract | - | |
| In contract | |||
| Dec 19, 2024 | No longer available | - | |
| No longer available | |||
| Dec 19, 2024 | Listed by Compass RE Texas, LLC - Houston | $345,000 | |
| Listed by Compass RE Texas, LLC - Houston | |||
| | |||
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This charming one-story home boasts 4 spacious bedrooms and 2 bathrooms, providing ample space for comfortable living. As you step inside, you are greeted by a formal dining and living room adorned with elegant crown molding, large windows that flood the space with natural light, and unique architectural details such as column and a mantel in the dining area, adding character and charm to the home.
The den seamlessly opens to the kitchen and breakfast area, creating a warm and inviting atmosphere for both family living and entertaining. The back yard is a delightful retreat, featuring a gazebo and a new fence, offering a private outdoor space for relaxation and gatherings. AC is less than a year old.
This description captures the essence of a welcoming and well-appointed home, perfect for those seeking a blend of comfort, style, and functionality.
| |||
| Nov 30, 2024 | Price Decreased |
$345,000
↓ $11K
(3.1%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017