511 Airybrook Lane
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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.
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 |
|---|---|---|---|
| Apr 23, 2024 | Sold | ||
| Sold | |||
| Mar 26, 2024 | In contract | - | |
| In contract | |||
| Mar 22, 2024 | Listed by HomeSmart | $450,000 | |
| Listed by HomeSmart | |||
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No showings until March 24th, Sunday Open House 1-4pm!! Nestled on a cul-de-sac street in Green Trails Park just a short walk to one of the nearby neighborhood parks. Green Trails area is easy access to I-10, Energy Corridor, and major hospitals. Lots of nice hiking trails! Zoned to K.I.S.D. schools. The owner has recently done a lot of upgrades! New HVAC system (A/C & Furnace) 2022, New Electrical Panel 2022, Garage Door opener 2023, 50 Gal. Water tank and more! Flooring has been updated too! Never flooded, a great location! The kitchen has recent stainless-steel appliances, plenty of cabinets, and an island. Granite counters and backsplash also updated. Beautiful stained glass in kitchen, dining/entry and front bedroom. (Easily removed) Primary bath updated 2019. Double fireplace adds warmth to flex area, study/office or game. There is nothing to do, but to Move In! One of the prettiest neighborhoods in the area! Light & bright home!
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| May 6, 2019 | Sold | ||
| Sold | |||
| Mar 2, 2019 | Listed by Champions Real Estate Group | $286,000 | |
| Listed by Champions Real Estate Group | |||
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SIGNIFICANT PRICE REDUCTION! Immaculate, all brick around, one-story house situated in a well-established neighborhood in few minutes to I-10 & Energy Corridor and zoned to a highly acclaimed Katy school district. This freshly painted in and out house features 3 bdr, 2 full bath, detached 2 car garage, gleaming hardwood floors and Saltillo tiles, no carpeting at all, high ceiling, elegant living room with fireplace, spacious dining room with crystal chandelier, chef dream kitchen w/island, abundance of kitchen cabinets, granite countertops, breakfast area with wall of windows, numerous closets that gives you tons of storage space. House has NEVER BEEN FLOODED. Not to mention endless subdivision amenities as walking trails, pools, parks and tennis courts this house offers luxury living at its best!
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About Green Trails
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017