4115 Marlowe 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.
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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 |
|---|---|---|---|
| Jun 16, 2023 | Sold | ||
| Sold | |||
| May 5, 2023 | Listed by Compass RE Texas, LLC | $1,649,000 | |
| Listed by Compass RE Texas, LLC | |||
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Welcome to this charming home on a rare cul-de-sac street in highly sought-after West University! This home boasts 5 bedrooms, 3.5 bathrooms, both formals, large kitchen & breakfast room spanning across 3,687 sf (per HCAD) PLUS a 550 sf (per HCAD) garage apartment w/kitchenette & bath (not included in square footage here so total sf = 4,237 sf), on a huge 7,200 sf lot. Home features an open floor plan that connects the kitchen to the family room w/fireplace & wet bar, creating a perfect space for entertaining guests. Natural light floods the first floor formal living, dining, kitchen & breakfast room! Large primary suite offers a private deck with access to the garage apt/media room! 2023 updates: fresh interior paint, new carpet, various new plumbing, hardware & lighting fixtures, 2nd floor HVAC system. 2022: cooktop, 2020: new drainage system & sump pump to improve drainage, 3 new toilets, garage apt. HVAC replaced, 2017: 1st floor HVAC; 2015: new roof & gutters, *All Per Seller"
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017