8407 Marchelle Lane
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 12, 2023 | Sold | ||
| Sold | |||
| Jun 22, 2023 | Listed by Coldwell Banker Realty | $495,000 | |
| Listed by Coldwell Banker Realty | |||
| | |||
|
Spacious 5/6 bedrm home nestled on a peaceful cul-de-sac,boasting 3-car garage,sprawling backyard with sparkling pool,game room & media room,this property checks all the boxes.The gourmet kitchen features loads of custom cabinetry,gas cooktop,double oven,generous center island, ample counter space & storage, plus breakfast bar.The tranquil oversized primary suite offers separate seating area and a recently remodeled en-suite bath with soaking tub & separate shower,dual sinks with vanity & massive walk-in closet creating a plush owners retreat.Upstairs is a large gameroom w adjacent media room.The backyard is an entertainer's dream.Envision hosting bbqs,making smores with the kids in the stone firepit,playing catch in the huge grassy area,or simply relaxing in the pool, this expansive backyard space provides the perfect backdrop. Located within reach of many restaurants,shopping centers & boutiques.Quick access to major freeways.Walk & bike to highly sought after Klein ISD schools.
| |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017