7 Balboa Road
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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 |
|---|---|---|---|
| Dec 14, 2021 | Sold | ||
| Sold | |||
| Sep 20, 2021 | Listed by HH Premier Realty, LLC | $445,000 | |
| Listed by HH Premier Realty, LLC | |||
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No Flooding in Harvey! Relax in this incredibly spacious and luxuriously appointed home overlooking the 16th hole in La Torretta golf course. Features include: Gormet Kitchen with Gas Stove and beautiful fixtures, granite countertops, tile backsplash, SS Appliances; Refrigerator included. The family room is open to the kitchen with glistening hardwood floors and built in entertainment center. You You will be less than 1 mile from Lake Conroe and in MISD school district and Margaritaville Lake Resort!!! Schedule a showing anytime to see all these features and much more...
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017