404 Archer 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 |
|---|---|---|---|
| Apr 20, 2022 | Sold | ||
| Sold | |||
| Mar 2, 2022 | Listed by Nan & Company Properties | $699,900 | |
| Listed by Nan & Company Properties | |||
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Carefully taken down to the studs, 404 Archer St, is a timeless treasure that has been thoughtfully reimagined! This special property was previously called home by one of Houston's most celebrated Art Historians, David Brauer, a man who achieved wide recognition within the art world not only in Houston but internationally. The renovation of this property was done in a way that would maintain many original characteristics of the home whilst creating a space that lends itself to the buyers needs of today. Stunning full kitchen remodel offers soft close cabinetry, a gas range, pantry, and tons of storage. The open floor plan and high ceilings also provide a welcoming and bright space to relax in. Offering a new roof, new electrical, raised ceilings, an open layout, designer fixtures throughout, new hardie-plank siding, energy efficient double-hung windows with lifetime warranty, new fences both front and back, and so much more, this Archer St gem is ready for its new family.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017