761 Sue Barnett Drive
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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 14, 2025 | Sold | ||
| Sold | |||
| Feb 4, 2025 | In contract | - | |
| In contract | |||
| Jan 28, 2025 | Listed by Keller Williams Realty Metropolitan | $645,000 | |
| Listed by Keller Williams Realty Metropolitan | |||
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Build your dream home on the most prestigious street in highly sought after Garden Oaks! Surrounded by beautiful new construction homes. This oversized 13,770 square foot lot is very wide, and will accommodate a large, spacious new construction home with plenty of yard for a pool. This is a very private section of Sue Barnett, so traffic is very limited. The original home has been well loved and maintained, and can be lived in now and/or remodeled until you're ready to build your dream home. Short walking distance to Garden Oaks Montessori Elementary School, along with area restaurants, bars and retail. Don't miss this amazing opportunity!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017