26
Map
609 Tallow Drive
About This Property
The fenced backyard is a plus! Located just a few miles from schools, plenty of shopping, dining, and lots to do at nearby Market Street, Waterway Square, and concerts at Cynthia-Woods Pavillion. The location, recent updates, No HOA, and low tax rate make this a great investment! Call today and make an appointment to see this home!
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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 |
|---|---|---|---|
| Jun 30, 2025 | Sold | ||
| Sold | |||
| May 3, 2025 | In contract | - | |
| In contract | |||
| Apr 23, 2025 | Listed by RE/MAX Partners | $209,900 | |
| Listed by RE/MAX Partners | |||
| Jan 28, 2019 | Sold | ||
| Sold | |||
| Jan 3, 2019 | Listed by NB Elite Realty | $80,000 | |
| Listed by NB Elite Realty | |||
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House needs full remodel but has great potential.
Nested in mature lake chateau woods in a great subdivision, close to the Exxon Mobil campus. Huge yard. This house would be a perfect starter home or rental.
Possibility to have an addition made to have larger square footage.
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Property Highlights
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About Montgomery
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017