8023 Northbridge 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 |
|---|---|---|---|
| Jun 15, 2021 | Sold | ||
| Sold | |||
| Apr 22, 2021 | Listed by BHGRE Gary Greene | $375,000 | |
| Listed by BHGRE Gary Greene | |||
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This family sized home has all the 80's character with the updates and improvements you are looking for! The major recent updates include roof, lined plumbing pipes, insulated windows, Hardiplank siding, massive patio poured to cover the entire length of the home and custom hand forged on site driveway gate with automatic opener. Extensive list from agent. Absolutely no flooding and no pipe breakage. Bring your generator, the plug has already been installed to keep electricity on summer and winter. The elementary school is just down the street, and the middle school is a few blocks away. Zoned to the 2021 National District of the year - Klein ISD! Subdivision amenities include a water park like pools, slides and drenching bucket, 1st class tennis courts, shaded playground and park. There is also a Historical Farm Park - Wunderlich Farms - that hosts a farmers each month. Plenty to keep the family active in this great community.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017