5023 Braesvalley Drive
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%.
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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 |
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| Oct 31, 2023 | Sold | ||
| Sold | |||
| Sep 15, 2023 | Listed by Hunter Real Estate Group | $629,900 | |
| Listed by Hunter Real Estate Group | |||
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Incredible opportunity to live in/remodel a spacious, brick Meyerland classic with extremely desirable floor plan OR to build on huge 14,500 sf lot. Open floor plan, large island kitchen with granite counters and stainless appliances, spacious bathrooms, family room with raised ceilings overlooking private backyard, split floor plan with a primary suite and two guest bedrooms on one side and separate, private bedroom on the other. Large primary suite with two walk-closets features a huge bathroom with double sinks, jetted tub and separate shower. Indoor laundry room, circle driveway in front and driveway gate. Fantastic location close to 610 with quick access to the Galleria, Meyerland plaza, Med Center, Downtown etc., while still remaining nestled in this beautiful neighborhood!
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| Mar 24, 2020 | Sold | ||
| Sold | |||
| Jun 28, 2019 | Listed by Martha Turner Sotheby's | $498,000 | |
| Listed by Martha Turner Sotheby's | |||
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Recently Remodeled one story on large lot conveniently located to Medical Center and Museum District. Open floor plan allows for entertaining from every room. Island kitchen features light cabinets and stainless appliance package. Split floor plan with 3 bedrooms on one wing and guest or second master on second wing. *Property was updated after previous flooding.*Per Seller
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| Sep 2, 2017 | Listed | $724,000 | |
| Listed | |||
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Stunning!!! Fully remodeled 4 bedrooms 3 Full Bath and 1 half bath in sought after Meyerland! This gorgeous open floor plan features marbled style floors throughout, tons of natural light, cedar custom closet, custom kitchen with stainless steel appliances, granite counters, and backsplash. Large master bedroom with 2 master closets, beautiful over-sized master bathroom with garden tub, separate shower, dual vanities, and separate seating area and much much more!!! MUST SEE!!! The manager has listed the unit size as 4085 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017