4334 Potomac Avenue
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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 |
|---|---|---|---|
| Oct 10, 2021 | No longer available | - | |
| No longer available | |||
| Jun 30, 2021 | Sold | ||
| Sold | |||
| Jun 25, 2021 | Listed by Compass RE Texas, LLC. | $1,995,000 | |
| Listed by Compass RE Texas, LLC. | |||
| | |||
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Impressive 2-story classic home in Bradfield Elementary. Built in 1985 and extensively updated with the finest details in 2014 including gourmet island kitchen, Viking stove, double ovens, all baths, paint, and HVAC. Pleasant entry with soaring ceilings leads to formals, bar, and open kitchen - den with views of covered patio and landscaped yard. Upstairs with 4 bedrooms, 4 baths. Master suite with spa-like bath and private balcony. Wonderful guest suites all with en-suite baths. The large 4th bedroom could also be a game room. Two car attached garage - rare property bonus amenity being in both Highland Park and University Park! Located near Bradfield Elem and Highland Park Village. The manager has listed the unit size as 4276 square feet.
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| Jun 9, 2021 | Listed by Compass RE Texas, LLC. | $1,995,000 | |
| Listed by Compass RE Texas, LLC. | |||
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About University Park
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017