718 Sue Barnett 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.
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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 |
|---|---|---|---|
| May 20, 2022 | Sold | ||
| Sold | |||
| Apr 30, 2022 | Listed by HomeSmart | $950,000 | |
| Listed by HomeSmart | |||
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Beautifully updated house on an oversized lot in sought-after Garden Oaks. The house has been extensively upgraded since the sellers bought it in 2016. See attached list for full details. The first floor has a living area with gas fireplace, kitchen, breakfast area, powder bath, formal dining room, laundry room, and primary suite with walk-in closet. The second floor has 3 bedrooms, a second full bathroom, a second living area/game room, and a bonus room that is currently an office. The whole house has been recently repainted. Outside is a back porch that leads to the oversized garage that has been converted into a workshop with insulated walls, epoxy floors and A/C, among other upgrades. Walking distance to Garden Oaks Montessori and park.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017