53 Birch Place
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 |
|---|---|---|---|
| Jan 24, 2024 | Sold | ||
| Sold | |||
| Dec 16, 2023 | In contract | - | |
| In contract | |||
| Dec 9, 2023 | Listed by eXp Realty LLC | $299,000 | |
| Listed by eXp Realty LLC | |||
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53 birch place is a rare opportunity to own a home on 5 acres of that offers rural tranquility. Unleash creativity in your own workshop with ample storage space for your materials and tools, and natural light to inspire you. Your home is a sanctuary where you can relax and entertain in style. The home boasts 3 bedrooms, 2 bathrooms, a large living room, spacious kitchen, and dining area to accommodate your family and guests. You have everything you need and more, and you will not want to leave. But if you do, you will find that your location is ideal for accessing the amenities and attractions of the city. You are only 15 minutes away from the nearest town, where you can find shops, restaurants, schools, and medical facilities. You are also only 45 minutes away from Houston. It is a property that will suit your needs, desires, and dreams. Don’t miss this chance to make it yours. Contact us today to schedule a viewing and see for yourself what this property has to offer.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017