5331 Caroline Street
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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.
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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 |
|---|---|---|---|
| Aug 3, 2022 | Sold | ||
| Sold | |||
| Jul 22, 2022 | Listed by RE/MAX Compass | $425,000 | |
| Listed by RE/MAX Compass | |||
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Excellent find in a fantastic location! (3-3.5-2) 3-story corner lot offering all wd floors, incl strs & closets, tile in wet areas. Close 2 courtyard/pool. 1st flr bdrm(not master)measures 11x15, ideal guest rm/mother-in-law suite (private) w/updated full bath: shwr, sliding glass brn dr, granite counter updated sink & faucet. Generous storage (hallway closet) on 1st flr. Open 2nd story flr plan w/huge kitc+40-inch cabinets, stainless stl appliances, recessed lighting, crn molding & gas stove! Cozy firplc/formal liv w/bkshlvs on 2nd flr, sep frm living. Windows everywhere! 3rd flr Master w/oval tub (jets)+stand-up shwr+2 closets, high ceilings. Laundry rm on 3rd flr. *Entire hm freshly cleaned & painted! Roomy guest bdrm on 3rd flr w/full bath! Spacious 2 car garage+200 amp electrical panel. *Dbl Pane Windows* 2nd flr balcony, privacy gate 2 enter community, close 2 everything:TX Med Ctr, Museum Dist., Hermann Park, Rice Univ., Fondren Library, private schools & much more!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017