708 Bering Drive #E
About This Property
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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 |
|---|---|---|---|
| Sep 16, 2022 | Sold | ||
| Sold | |||
| Jun 1, 2022 | Listed by Compass RE Texas, LLC | $192,000 | |
| Listed by Compass RE Texas, LLC | |||
| | |||
|
PERFECTLY PRIME LOCATION IN THE GALLERIA! GATED COMMUNITY WITH PRIVATE TENNIS COURTS AND POOL. LUSH LANDSCAPING. CLUBHOUSE. BEAUTIFUL GROUND FLOOR CONDO WITH SPECTACULAR KITCHEN AND UTILITY ROOM UPDATES. KITCHEN NOW OPENS TO LIVING ROOM WITH AN EXTENDED GORGEOUS GRANITE COUNTERTOP WITH BAR STOOL SEATING FOR 4-6 WITH ALL SS APPLIANCES. REFRIGERATOR INCLUDED. BATHROOM EXTENDED TO CONVERT STACKABLE W/D TO FULL SIZED W/D WITH ABOVE BUILT IN CABINETS. W/D INCLUDED. STORAGE CLOSET OFF PATIO. EASY ACCESS TO TANGLEWOOD PARK, I10, MEMORIAL, WESTPARK TOLLWAY, MEMORIAL AND ALL THE BEST SHOPPING AND RESTAURANTS! CALL NOW FOR A SHOWING!!
| |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/10/2024
|
2 Bed
|
1 Bath
|
935 ft²
|
$185,000
2 Bed
1 Bath
935 ft²
|
$150,000
-18.92%
08/01/2024
|
Pamela Messina
Messina Properties
| |
|
06/01/2022
|
2 Bed
|
1 Bath
|
935 ft²
|
$192,000
2 Bed
1 Bath
935 ft²
|
$188,000
-2.08%
09/16/2022
|
Steve Baumgardner
Compass RE Texas, LLC - Houston
| |
|
01/22/2022
|
2 Bed
|
1 Bath
|
935 ft²
|
$159,000
2 Bed
1 Bath
935 ft²
|
$165,000
+3.77%
03/10/2022
|
Judy Stephens
Stephens Properties
| |
|
11/20/2021
|
2 Bed
|
1 Bath
|
935 ft²
|
$168,500
2 Bed
1 Bath
935 ft²
|
$165,000
-2.08%
02/24/2022
|
Clay Ryan
Ryans Real Estate Brokers, LLC
| |
|
09/10/2021
|
2 Bed
|
1 Bath
|
935 ft²
|
$209,000
2 Bed
1 Bath
935 ft²
|
-
-
|
Joseph Ray Diosana
Keller Williams - Houston Memorial
| |
|
07/02/2021
|
2 Bed
|
1 Bath
|
935 ft²
|
$145,000
2 Bed
1 Bath
935 ft²
|
$125,000
-13.79%
08/23/2021
|
Judy Stephens
Stephens Properties
| |
|
07/31/2020
|
2 Bed
|
1 Bath
|
935 ft²
|
$149,000
2 Bed
1 Bath
935 ft²
|
$143,000
-4.03%
10/05/2020
|
Judy Stephens
Stephens Properties
| |
|
06/08/2020
|
2 Bed
|
1 Bath
|
935 ft²
|
$148,800
2 Bed
1 Bath
935 ft²
|
$145,000
-2.55%
07/29/2020
|
James Rosenfeld
Martha Turner Sotheby's International Realty
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017