609 Biscayne Bend Lane
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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 |
|---|---|---|---|
| Aug 16, 2024 | Sold | ||
| Sold | |||
| Jul 28, 2024 | In contract | - | |
| In contract | |||
| Jun 29, 2024 | Listed by Prince Properties, LLC | $420,000 | |
| Listed by Prince Properties, LLC | |||
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What a fabulous opportunity in CCISD w/primary down, 5 spacious bedrooms, 3.5 baths and a huge game room! You will love this neat and tidy home that has been lovingly-maintained--2023 roof, Allied Foundation lifetime warranty, recent neutral carpet and paint, and so much more! This home offers lots of natural light, with a wall of windows/French doors across the living room, overlooking your back yard sports and entertainment area. There's a huge patio with a basketball court, room for sidewalk chalk, riding a bike or scooter, and just hanging out for a chat with your favorite people. The game room upstairs sits between 2 sets of bedrooms, with their own bath on each side. One is a Jack & Jill and the other bath is accessed through the hallway. Many fixtures have been replaced and there are LED lights, updated hardware and knobs. The mesh network is great when you have TechShield. Near the park and pool, and the League City hike/bike trails. Low Taxes--No MUD! No FLOODING!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017