4604 Locust Street
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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 |
|---|---|---|---|
| Jul 1, 2024 | Sold | ||
| Sold | |||
| May 18, 2024 | In contract | - | |
| In contract | |||
| May 13, 2024 | Listed by Keller Williams Signature | $1,250,000 | |
| Listed by Keller Williams Signature | |||
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Luxury living awaits in this meticulously crafted residence by renowned designer Todd Rice. With an expansive open floor plan seamlessly blending spacious living areas and ample storage, entertaining is effortless. The gourmet island kitchen flows into dining and living spaces. Step outside to a covered patio oasis with a heated spa for winter warmth and a cool pool for summer relaxation, surrounded by lush foliage. Bid farewell to insects with a high-tech misting system. Practicality meets luxury with abundant storage, a laundry/mudroom, and a whole-house generator ensuring uninterrupted living. Upstairs, a versatile multipurpose room with surround sound awaits. Recent updates include a 2021 pool, renovated baths, and mudroom. Upgrades feature a replaced water heater, HVAC, windows, and lighting. Nestled on a serene one-block street, seize this unparalleled opportunity for elevated luxury living. Located in the heart of Bellaire and Episcopal High School. Dont delay, call today!
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| Apr 13, 2023 | Sold | ||
| Sold | |||
| Mar 11, 2023 | Listed by Martha Turner Sotheby's International Realty | $1,138,500 | |
| Listed by Martha Turner Sotheby's International Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017