46 Verbena Bend Place
About This Property
New energy efficient Pella windows throughout house. New custom kitchen cabinets, granite counter tops, tile back splash and recessed lighting. Laminate wood flooring downstairs. New back door with multi point locking system. Water heater replaced 4 years ago. Large primary bedroom upstairs includes a sitting area. Primary bathroom offers double sinks, separate garden tub and shower plus a walk in closet. Secondary bedrooms upstairs. New fence installed in back yard. Walk or bike to Mitchell Intermediate School and nearby Alden Bridge Park which offers tennis courts, basketball courts, swimming pool and fishing pond. GREAT LOCATION with easy access to nearby Alden Bridge shopping center as well as shopping and dining via FM 1488 and everything The Woodlands has to offer.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Dec 29, 2020 | Sold | ||
| Sold | |||
| Dec 1, 2020 | Listed by RE/MAX Integrity | $208,000 | |
| Listed by RE/MAX Integrity | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
12/01/2020
| |
3 Bed
|
2 Bath
|
1535 ft²
|
$208,000
3 Bed
2 Bath
1535 ft²
|
-
12/30/2020
|
Brenda Quiroga
RE/MAX Integrity
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017