422 Mulberry Lane
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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 |
|---|---|---|---|
| Nov 9, 2021 | Sold | ||
| Sold | |||
| Oct 19, 2021 | Listed by Greenwood King Properties | $1,650,000 | |
| Listed by Greenwood King Properties | |||
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This beautiful lot, almost a full acre (HCAD), is cleared and ready for a fabulous new home on a highly sought after Street in Bellaire with 106 feet across the front and 110 feet across the back of the property, and 429–431 feet in-depth you have the space to build the home of your dreams. The property is close to Evelyn’s Park, Mulberry Park, West University, Rice Village, Rice University, Medical Center, the Galleria, and major highways. Lot dimensions per HCAD.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017