4715 Libbey Lane
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 |
|---|---|---|---|
| Sep 6, 2023 | Sold | ||
| Sold | |||
| Jul 25, 2023 | Listed by Martha Turner Sotheby's International Realty | $345,000 | |
| Listed by Martha Turner Sotheby's International Realty | |||
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Welcome to this charming one-story home located in highly desirable Oak Forest! Situated on an oversized, tree shaded lot (10,535 square feet per HCAD), it offers an excellent building site for your dream home or serves as ample space for potential remodeling! This property is conveniently located on an interior corner lot and is not a "thru" street! Inside, the home features three bedrooms and one bath, including spacious living areas plus a den/family room which offer versatility for various uses. For your convenience, there is a one-car garage, providing secure parking and extra storage. The home is being sold in “as is-where is” condition with no repairs. This is an excellent opportunity to acquire one of the larger lots in Oak Forest for constructing a fantastic new home, or if so desired, a wonderful canvas for creating your own perfect haven.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017