8111 Pheasant Glen Drive
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 |
|---|---|---|---|
| Oct 31, 2023 | Sold | ||
| Sold | |||
| Sep 27, 2023 | Listed by BHGRE Gary Greene | $389,990 | |
| Listed by BHGRE Gary Greene | |||
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Nestled in a picturesque neighborhood, this magnificent two-story English Tudor style home offers timeless elegance and modern comfort. From the meticulously manicured landscaping with mature trees and lush Zoysia grass to the inviting pool and game room, this property has been designed for both relaxation and entertainment. With 4 bedrooms, 2 1/2 bathrooms, a 2-car garage, and a whole-home generator, this residence combines classic architecture with contemporary convenience. Located in a prestigious neighborhood known for its tranquility and proximity to amenities, this home is within easy reach of top-rated Klein ISD schools, shopping centers, parks, and restaurants. With convenient access to major transportation routes, you can enjoy the best of both worlds: a peaceful suburban retreat and the excitement of the city just a short drive away.
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About Memorial Northwest
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017