508 Southbend 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%.
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 |
|---|---|---|---|
| Mar 11, 2024 | Sold | ||
| Sold | |||
| Feb 20, 2024 | In contract | - | |
| In contract | |||
| Feb 12, 2024 | Listed by RE/MAX American Dream | $180,000 | |
| Listed by RE/MAX American Dream | |||
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Welcome to your new home in the heart of Alvin! This delightful 1 story, 3-bedroom home, nestled on a generous lot is ready for you to unleash your creativity and vision! Conveniently located near Hasse Elementary, parks and local amenities right around the corner for all your shopping needs. No back neighbors either! Don't miss out on the opportunity to make this house your home. Call today to schedule a tour!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017