4905 Florence
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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 |
|---|---|---|---|
| Jul 8, 2022 | Sold | ||
| Sold | |||
| May 27, 2022 | Listed by Keller Williams Metropolitan | $849,000 | |
| Listed by Keller Williams Metropolitan | |||
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Prime central City of Bellaire location! Large windows bring in the light. 4 or 5 bedrooms, 4.5 baths. Features large room sizes and great storage (SEE the attached Floor Plan) and wood flooring through both floors. Two big closets in the upstairs Primary bedroom. Calm, walkable neighborhood near Condit and the block of City amenities. Automatic driveway gate. Downstairs 15x16 Living Room has doors for use as the primary Study. 17x16 game room/secondary study/media/bedroom (carpet here) has back stairs down to the garage. The tranquil back yard is complemented by the wide covered porch. Nest thermostats. Fireplaces in both the high ceiling Primary and Family room. Never Flooded.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017