40598 Day Lane
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 |
|---|---|---|---|
| Dec 27, 2023 | Sold | ||
| Sold | |||
| Jul 12, 2023 | Listed by CB&A, Realtors | $599,900 | |
| Listed by CB&A, Realtors | |||
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Magnificent property with beautiful one-story home on 5+ acres in Waller County. As you enter the property through the automatic iron gate you are greeted with the best of what country living offers. The property has a 3/2 main home, private pond, large workshop with a loft and FULL apartment, four stall horse barn, a run-in shed with two stalls, cattle barn with awning and running water perfect for your show cattle, and dog run attached to home. The Main Home has fresh paint and gorgeous wood looking tile throughout, large family room and kitchen with open concept that is perfect for entertaining. The bedrooms are split with two large secondary rooms and bath on one side and the massive primary bedroom and bath on the other. The primary bathroom has huge walk-in shower and walk-in cedar closet. The home has storage galore and too many features to name! Guest quarter has living, full kitchen, the bedroom, full bath, and laundry upstairs. Don't miss this rare gem!
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| Jun 24, 2020 | Sold | ||
| Sold | |||
| Apr 16, 2020 | Listed by RE/MAX Vintage | $460,000 | |
| Listed by RE/MAX Vintage | |||
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Rare one-story country home on 5+ acres in Waller County. Spectacular property features multiple outbuildings, a private pond and a massive workshop with a loft and full apartment. Main home has a wonderful open layout, with three spacious bedrooms, two full baths and a lovely kitchen. Phenomenal property also has a four stall horse barn, a run-in shed with two stalls and an air conditioned cattle barn with a massive awning and running water. This magnificent unrestricted property represents country living at its finest! No representation is made to the validity of the information provided including, but not limited to sq. footage, HOA, taxes, schools, etc. Buyer must verify all information-all measurements are approximate.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017