5202 Cortelyou Lane
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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 7, 2024 | Sold | ||
| Sold | |||
| Mar 1, 2024 | In contract | - | |
| In contract | |||
| Feb 20, 2024 | Relisted | $324,999 | |
| Relisted | |||
| Jan 29, 2024 | In contract | - | |
| In contract | |||
| Nov 18, 2023 | Listed by Seely Group LLC | $324,999 | |
| Listed by Seely Group LLC | |||
| | |||
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This stunning 3-bedroom, 2.5-bathroom home has been completely remodeled and is move-in ready! The home features an open floor plan living area that leads to a spacious kitchen. As well as a luxurious master suite with a walk-in closet, and a bathroom. The home also features a beautiful pool and backyard area, perfect for entertaining guests or enjoying a relaxing day at home. This home is perfect for a family or as an investment opportunity!
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Property Highlights
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About Southeast Houston
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017