59 Florham Park 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 |
|---|---|---|---|
| Feb 21, 2025 | Sold | ||
| Sold | |||
| Jan 18, 2025 | In contract | - | |
| In contract | |||
| Dec 25, 2024 | Listed by Keller Williams Realty The Woodlands | $1,200,000 | |
| Listed by Keller Williams Realty The Woodlands | |||
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Discover the pinnacle of refined living on 1+ acres in the coveted Estates of Gleannloch Farms. This home offers up to 5 bedrooms, 4 baths, & a private-entry studio suite — ideal for a nanny, student, or aging parent. A 4-car garage w/ gated porte-cochère adds convenience. Enjoy a resort-style pool w/ spa, waterfalls, outdoor kitchen, and lush landscaping. The gourmet kitchen features a pro-grade side-by-side fridge/freezer, 6-burner gas range, and wall oven. The open floor plan is perfect for entertaining. The 1st-floor primary suite has pool access, dual walk-in closets, and a cozy fireplace. Additional highlights: study, formal dining, and bonus room with full bath. Upstairs: 3 bedrooms, updated Jack-and-Jill bath, and a versatile loft. Walk to the Equestrian Center to ride your horse! Recent updates: kitchen remodel, tankless water heater, 16/17/18-SEER HVAC, & new pool systems. NEW carpet & paint (2024). Low tax rate and top-rated Klein ISD schools complete this luxurious estate.
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| Oct 4, 2024 | No longer available | - | |
| No longer available | |||
| Jul 4, 2024 | Price Decreased |
$1,200,000
↓ $125K
(9.4%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017