399 Wallace Street
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 |
|---|---|---|---|
| May 19, 2025 | Sold | ||
| Sold | |||
| Apr 17, 2025 | In contract | - | |
| In contract | |||
| Feb 13, 2025 | Listed by The Hudson Team | $265,000 | |
| Listed by The Hudson Team | |||
| Nov 27, 2024 | No longer available | - | |
| No longer available | |||
| Oct 14, 2024 | Listed by The Hudson Team | $265,000 | |
| Listed by The Hudson Team | |||
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Discover this beautiful newer home built in 2018, nestled on a peaceful cul-de-sac just a mile from Downtown Bryan. Enjoy the convenience of being less than a 5-minute drive from local restaurants, shopping, and entertainment, all while enjoying the tranquility of a centrally located residential area. This 4-bedroom, 2-bathroom home boasts tile flooring throughout, giving it a modern, cohesive feel. The high ceilings make the space feel even more open, creating a great spot for entertaining. The kitchen features sleek granite countertops, offering ample space for meal prep and gatherings. Whether you're looking for a great starter home or a smart investment, this property is hard to beat at this price point. The combination of location, amenities, and quality finishes makes it an opportunity you don’t want to miss!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017