707 CHANNEL PASS
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 |
|---|---|---|---|
| Dec 24, 2022 | No longer available | - | |
| No longer available | |||
| Nov 23, 2022 | Listed by Keller Williams Heritage | $499,500 | |
| Listed by Keller Williams Heritage | |||
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Location, location, location! No city taxes! Small, private, gated community in close proximity to 281/1604, 10 minutes from airport, 20 minutes from downtown. Meticulously maintained and updated Japhet Custom Home that sits on a quiet cul-de-sac lot backing up to Hill Country Village. All floors replaced in 11/22, entire interior freshly painted 10/22. Home features popular split floor plan, master bedroom down, updated tile master bath with separate shower and bath, dual vanities. 2 walk-in closets. Huge living room with rock fireplace (gas logs), separate dining room, 2nd bedroom could be study. (According to blueprint, this room is plumbed for a bathroom.) Gourmet kitchen recently remodeled. High end Jenn-Air appliances. Refrigerator/freezer convey. Two bedrooms/jack and jill bathroom upstairs. Back flagstone patio for entertaining around the plunge pool with jets and waterfall. Desirable NEISD schools. The manager has listed the unit size as 2664 square feet.
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| Apr 29, 2005 | Sold | ||
| Sold | |||
| Jan 11, 2005 | Listed by The Real Estate Team | $254,900 | |
| Listed by The Real Estate Team | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017