4503 Marlborough Drive
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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.
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 |
|---|---|---|---|
| Feb 19, 2025 | Sold | ||
| Sold | |||
| Jan 15, 2025 | In contract | - | |
| In contract | |||
| Jan 3, 2025 | No longer available | - | |
| No longer available | |||
| Jan 2, 2025 | Listed by Happen Houston | $515,000 | |
| Listed by Happen Houston | |||
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Welcome to 4503 Marlborough Drive, a beautifully renovated one-story home in the desirable Shepherd Forest neighborhood. This stunning 3-bedroom, 2.5-bathroom residence features a spacious study & a large yard with an oversized patio. The living room features stunning ceiling wood accent beams & 2 sliding glass doors to the backyard offering an abundance of natural light to the room. The home boasts numerous recent upgrades, including a new roof (2024), a new fence (2024) & new engineered wood floors with sub-flooring throughout. The bathrooms have all been beautifully renovated. The expansive patio deck with the pergola is a true highlight, offering an ideal space for outdoor gatherings with plenty enough room for a future pool! Additional features include built-in closet organization in the primary closet & a backyard shed for additional storage. 2016 full renovation including electrical, plumbing, HVAC and ductwork (per previous seller). This home is quick drive to so many places!
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| Dec 5, 2024 | Listed by Happen Houston | $515,000 | |
| Listed by Happen Houston | |||
| | |||
|
Welcome to 4503 Marlborough Drive, a beautifully renovated one-story home in the desirable Shepherd Forest neighborhood. This stunning 3-bedroom, 2.5-bathroom residence features a spacious study & a large yard with an oversized patio. The living room features stunning ceiling wood accent beams & 2 sliding glass doors to the backyard offering an abundance of natural light to the room. The home boasts numerous recent upgrades, including a new roof (2024), a new fence (2024) & new engineered wood floors with sub-flooring throughout. The bathrooms have all been beautifully renovated. The expansive patio deck with the pergola is a true highlight, offering an ideal space for outdoor gatherings with plenty enough room for a future pool! Additional features include built-in closet organization in the primary closet & a backyard shed for additional storage. 2016 full renovation including electrical, plumbing, HVAC and ductwork (per previous seller). This home is quick drive to so many places!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017