6715 Park Lane
About This Property
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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 |
|---|---|---|---|
| Jul 6, 2022 | Sold | ||
| Sold | |||
| Jun 1, 2022 | Listed by Keller Williams Metropolitan | $429,000 | |
| Listed by Keller Williams Metropolitan | |||
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This modern bungalow nestled in historic Idylwood will amaze you w/ its attention detail & win you over w/ its charm. From the real wood flooring, bold backsplashes, quartz countertops, custom shaker style kitchen cabinets, & brick fireplace to how all the finishes delight you w/ harmony & attraction. You simply won't be able to leave. The primary bedroom features an ensuite bathroom & its own walk-in closet, which is a rare find in this period of home. Natural light pours into each room especially to the east where no neighbors will ever block the parkland view & to the south right across the street where Spurlock park is. Enjoy the park's view while relaxing on the oversized front porch or host a BBQ in the spacious back yard. This home is minutes away from Gus Wortham Golf Course, Downtown, University of Houston, the Museum District, Medical Center, & all the history & wonder that the Greater East End has to offer! East to the property is COH parkland, nothing will be built there.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017