5819 Bitternut Drive
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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 |
|---|---|---|---|
| Apr 1, 2024 | Sold | ||
| Sold | |||
| Feb 14, 2024 | In contract | - | |
| In contract | |||
| Feb 8, 2024 | Listed by Keller Williams Premier Realty | $220,000 | |
| Listed by Keller Williams Premier Realty | |||
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Charming mid-century classic ready for your personal touch. French doors lead to large game room/home office cleverly converted from garage, adding flexibility. The versatile floorplan features two dining areas and a nice family room. Terrazzo tile greets you at entry w/hardwood floors in the family room and bedroom. Kitchen offers two breakfast bars, gas range, built-in glass shelving, walk-in pantry w/ spice rack. Hall bath boasts a modern vanity, fixtures, and tub/shower w/granite accents. Design elements incl crown molding and wood-tread stairs. Spacious utility room w/shelving and fridge/freezer space. Upstairs, BR1 offers large walk-in closet, BR2 has walk-in attic. Large backyard w/ shade trees, patio, storage shed and garden area w/ inground sprinkler system. Low tax rate, no mandatory HOA/MUD tax and top-rated Cy Fair ISD schools. No flood history/easy access to Hwy 290. Pride of ownership radiates from one family that cared for this home for 60+ years! Don’t miss this!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017