408 12th 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 |
|---|---|---|---|
| Oct 15, 2020 | Sold | ||
| Sold | |||
| Jun 22, 2020 | Listed by UTR TEXAS, REALTORS | $175,000 | |
| Listed by UTR TEXAS, REALTORS | |||
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Enjoy easy laid back living in San Leon in this 3 bedroom home in move-in ready condition. Open floorplan with eat-in kitchen has been updated with stainless steel appliances, beautiful countertops, lots of cabinet space and a French door pantry. Just off the kitchen, there is a great sized utility room which leads to a balcony, perfect for a morning cup of coffee! Spacious living room allows for larger furniture. Primary bedroom suite is tucked in the back of the home for added privacy has a walk in closet and updated bathroom. Waterfall showerhead or jacuzzi bath, this combination is perfect in the primary bathroom. Under the home you have space for a man cave, workshop, etc. and a very large area perfect for entertaining. No Ike damage or Harvey flooding per the seller. Boat to table seafood restaurants, fishing piers, and boat launches nearby!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017