428 Middle 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 |
|---|---|---|---|
| Jun 23, 2023 | Sold | ||
| Sold | |||
| May 18, 2023 | Listed by Compass RE Texas, LLC | $420,000 | |
| Listed by Compass RE Texas, LLC | |||
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Location, Location, Location! Here is your opportunity to own a completely updated home with 3 bedrooms & 2.5 baths in rapidly developing EaDo - just minutes to East River. This home offers designer finishes and is on a 5500sf lot. Updates include recent plumbing, electrical, HVAC, roof, kitchen, wood floors and bathrooms. Upon entering you will notice the high ceilings, lots of natural light, & modern fixtures. The island kitchen boasts updated kitchen cabinets, granite counters, and a glass tile backsplash. The living & dining room are spacious and have new light fixtures. The fully fenced back and front yard are ready for your entertainment and fur babies. The heart of EaDo is minutes to the Dynamo Stadium, metro light rail, & bike trails. Walking distance to Discovery Green, Minute Maid Park, Toyota Center, GRB, restaurants & numerous nightlife hot spots. You also have easy access to I-10, I-45, and I-69. Being close to downtown & the Medical Center, your commute will be a breeze!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017