401 Brazos Street
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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%.
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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.
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 |
|---|---|---|---|
| Sep 10, 2021 | Sold | ||
| Sold | |||
| Jul 16, 2021 | Listed by Keller Williams Central | $210,350 | |
| Listed by Keller Williams Central | |||
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Nestled in historic & lovely central Forney, surrounded by an equally lovely neighborhood with a location that couldn't be better, you find this gem. With all of the charm that comes with a home of this era coupled with a slew of recently installed upgrades: new windows & appliances & sheetrock & LED lights & water & gas lines & fixtures & upgrades galore, this beautiful home in the shade of a mature oak is cozy & remarkable & liable to impress! The structure is strengthened by old-style lumber framing; it's incredibly solid, all the way down to the original nominal-size hardwood flooring that evokes simpler times. It's full of light; it's a really nice home that feels intimate & natural, a true place of rest.
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| Mar 23, 2020 | Sold | ||
| Sold | |||
| Dec 18, 2019 | Listed by Riter Group | $139,900 | |
| Listed by Riter Group | |||
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Do not miss out on this darling 1950s home with loads of character and an affordable price in sought-after Forney, featuring original hardwood flooring, a spacious living room with an opening to the kitchen-dining, 3 ample bedrooms, a well-appointed bath, a generous 1 car side-entry garage, a sizeable open concrete patio for outdoor fun, and more!!! This home is conveniently located near Hwy 80, shopping, dining, and an elementary school. Do not hesitate...this attractive property will not last long on the market, so view it today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017