5255 Bungalow Lane
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 |
|---|---|---|---|
| Feb 18, 2025 | Sold | ||
| Sold | |||
| Jan 31, 2025 | In contract | - | |
| In contract | |||
| Jan 7, 2025 | Listed by RE/MAX Compass | $300,000 | |
| Listed by RE/MAX Compass | |||
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Meticulously upgraded 4-bedroom, 3.5-bath single-story home in Crestmont Park. A rare gem blending classic charm with modern sophistication, this thoughtfully reimagined home captivates from the moment you step inside. Highlights include a gourmet granite kitchen with custom cabinetry, stainless steel appliances, and a spacious dining area perfect for entertaining. Retreat to the serene primary suite featuring a spa-like bath with dual vanities, soaking tub, custom shower, and a huge walk-in closet with built-ins. Elegant touches abound, from crafted millwork and crown molding to 4 fireplaces and custom built-ins. Recent updates include a new HVAC and water heater (2024). The exterior shines with excellent curb appeal, an electric iron gate, attached carport, and parking for 6 vehicles. Conveniently located near 288, the Medical Center, and Downtown Houston. Low taxes and no HOA!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017