8135 Panay 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 |
|---|---|---|---|
| Mar 11, 2022 | Sold | ||
| Sold | |||
| Dec 11, 2021 | Listed by LSI Real Estate Services | $163,000 | |
| Listed by LSI Real Estate Services | |||
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Welcome home! Great starter home which has been completely renovated in 2021. The home features new interior and exterior paint, new flooring, a new roof, a water heater, AC, new windows, an upgraded kitchen with new appliances, a new driveway, and many more! This is a 3/4 bedrooms house. The garage was converted to a room giving the new homeowners more space for the family's needs. Big backyard, perfect for a pool, patio, pets, anything you desire.
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About Southeast Houston
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$2,700 /mo
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$1,950 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017