4119 Durness Way
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 |
|---|---|---|---|
| May 7, 2021 | Sold | ||
| Sold | |||
| Feb 24, 2021 | Listed by Martha Turner Sotheby's | $525,000 | |
| Listed by Martha Turner Sotheby's | |||
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A fantastic opportunity to own one of the largest and last remaining lots on a cul-de-sac street in sought-after Ayrshire, 4119 Durness is the perfect lot to custom build your dream home. Zoned to award winning schools and touted as being the "next West University", Ayrshire is a dreamy neighborhood made up of gently winding streets that are all undergoing rapid transformation, quickly turning the neighborhood into a Houston favorite.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017