8000 Phillips Street #A
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 |
|---|---|---|---|
| Jul 28, 2023 | Sold | ||
| Sold | |||
| Apr 10, 2023 | Listed by MOVE HOUSTON REAL ESTATE | $262,000 | |
| Listed by MOVE HOUSTON REAL ESTATE | |||
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Welcome to 8000 Phillips, another new construction built by Green Home Builder, situated in the heart of Acres Home. With 1,550 sq ft of living space, this home boasts 9 ft ceilings and an open floor plan perfect for entertaining. The contemporary kitchen features soft-closing drawers and cabinets, a spacious island, and granite countertops (with the option to upgrade to quartz). The living room and dining area flow seamlessly together, inviting in natural light. The flooring is a combination of premium vinyl and carpet, but the buyer has the option to upgrade to a no carpet configuration. Upstairs, you'll find three spacious bedrooms and two full baths, including a luxurious primary suite with a huge walk-in closet and a resort-style bathroom with a walk-in shower and double sink vanity. Step outside to the enchanting backyard, perfect for outdoor relaxation and entertaining. Schedule a tour today to see this beauty!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017