812 Archer Street
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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%.
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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.
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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 |
|---|---|---|---|
| Dec 28, 2021 | Sold | ||
| Sold | |||
| Nov 18, 2021 | Listed by Keller Williams Premier Realty | $530,000 | |
| Listed by Keller Williams Premier Realty | |||
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A Charming One story, 2/2/1 City Cottage that combines history w/function. The home features a white picket fence, new front porch w/swing, new front doors, and exterior paint. It has a unique design from back in the day, but it has the modern amenities appeal for today's sophisticated homeowners. Both of the bathrooms have been updated, interior paint, and designed for today's needs. The large Primary suite features its very own private back door and a study/Storage space or baby room. Pex's plumbing has been installed throughout the home, and a new tankless water heater. Brooke Smith is a transforming, energetic community inside the 610 Loop, founded in 1905 with renovated vintage homes lining its streets. With walkability and easy access to I-45, 610, I-10 and just 10 minutes from downtown. Brooke Smith's residents find it a terrific value. A 2-car garage with workshop, enclosed laundry, entertaining patio with deck, and expansive green space. Don't miss out on this one.
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| May 22, 2020 | Sold | ||
| Sold | |||
| Mar 13, 2020 | Listed by Martha Turner Sotheby's | $420,000 | |
| Listed by Martha Turner Sotheby's | |||
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Charming city cottage that combines history with function. Complete with white picket fence & porch swing, 812 Archer is reminiscent of yesteryear while modern amenities appeal to today’s sophisticated homeowners. Both baths have been updated with today’s style trends, master suite with double paned-windows boasts an en suite study. Replacement of HVAC systems & tankless h20 heater provide efficiency. Brooke Smith is a transforming, energetic community inside the 610 Loop founded in 1905 with renovated vintage homes lining its streets. With walkability & easy access to to I-45, 610, 1-10 & just a 10 minute drive to Downtown, Brooke Smith’s residents find it a terrific value. A two-car garage (rare in this area), enclosed laundry, entertaining patio with deck & expansive green space will satisfy your requirements for city living. Dining & entertainment venues are appearing all over Brooke Smith. This is your opportunity to own a piece of modernized history. https://youtu.be/3nNl4iXI3GY
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017