724 E Texas Road
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 |
|---|---|---|---|
| Feb 19, 2025 | Sold | ||
| Sold | |||
| Jan 9, 2025 | In contract | - | |
| In contract | |||
| Jan 2, 2025 | Listed by Gann Medford Real Estate | $639,500 | |
| Listed by Gann Medford Real Estate | |||
| | |||
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Nestled on 5 stunning acres, this custom-built home offers space, charm, and tranquility. A gated, tree-lined entrance welcomes you to this retreat. The spacious island kitchen boasts a walk-in pantry and second sink, ideal for entertaining. The luxurious primary suite features its own fireplace and a private screened porch. Upstairs includes a versatile living area with a kitchenette. The remodeled 2019 guest house offers a living area, kitchen, bedroom, and bath. A 3-car garage is located at the back, with a covered breezeway for a fourth parking spot. The property also includes an 1,800 sq. ft. workshop on a slab foundation, perfect for hobbies or projects. This remarkable home blends functionality with relaxation, offering endless possibilities!
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| Jan 1, 2025 | No longer available | - | |
| No longer available | |||
| Dec 4, 2024 | Price Decreased |
$639,500
↓ $16K
(2.4%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017