6237 Longmont 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.
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 |
|---|---|---|---|
| Dec 10, 2024 | Sold | ||
| Sold | |||
| Nov 25, 2024 | In contract | - | |
| In contract | |||
| Nov 21, 2024 | Listed by Compass RE Texas, LLC - Memorial | $1,625,000 | |
| Listed by Compass RE Texas, LLC - Memorial | |||
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Experience modern elegance in this wonderfully remodeled Briargrove home! Boasting 4 bedrooms, 3.5 baths, and a spectacular pool, this home is designed for comfort and style. The charming front porch sets the tone, leading to a two-story foyer illuminated by a dormer window. The study, complete with French doors and built-ins, provides the perfect space for work or relaxation.Highlights include wide-plank white oak flooring, high ceilings, and Jeld-Wen windows and doors. The primary suite on the first floor is a serene retreat, featuring vaulted ceilings, great backyard views, and a spa-like bathroom with an oversized shower, water closet, and walk-in closet. The kitchen is a showstopper with marble countertops, paneled appliances, a JennAir range, and a custom vent hood. Upstairs, you'll find three bedrooms and a versatile playroom. The backyard is the ultimate entertaining space, featuring turf, a 2020-built pool with a sun shelf and a covered patio for year-round enjoyment.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017