5223 Cheena Drive
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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 |
|---|---|---|---|
| Jul 3, 2023 | Sold | ||
| Sold | |||
| May 17, 2023 | Listed by BHGRE Gary Greene | $520,000 | |
| Listed by BHGRE Gary Greene | |||
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Spacious 4 Bedroom Meyerland beauty! Did not flood. This one has it all! Great schools! Lovely curb appeal w/landscaping & majestic oak trees. Inviting tiled front porch w/Undereaves lights & beveled glass front door. Formal entry w/coat closet. Formal Living & dining rm & bedrms w/Hardwood flrs. Crown molding. Built-in bookcases. Flr-to-ceiling windows & Plantation shutters! Ceiling fans. Kitchen w/glass front cabinets & recessed lights. Pantry. Bosch dishwasher-2019. SS Oven-2022. Cheerful Breakfast area. Wall of extra cabinets next to Indoor laundry rm. Kitchen opens to awesome oversized family room w/exposed wood beams & brick fireplace & built-ins! Glass doors leading to backpatio & stunning tropical pool w/spa. 3 extra closets in family room! 3 Sun tube lights. 2 sinks in guest bathrm. Primary suite w/totally remodeled bathrm, extra vanity area & Walk-in closet! PEX plumbing-2022. Dbl-paned windows. Hot water heater-2017. Roof-2016. Storm door. Gutters. Wood privacy fence.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017