8413 Observatory Street
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 |
|---|---|---|---|
| Dec 30, 2021 | Sold | ||
| Sold | |||
| Oct 30, 2021 | Listed by Walzel Properties | $319,000 | |
| Listed by Walzel Properties | |||
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A New Beautiful Modern 3 Bedroom, 2 Car Garage and 2 ½ RR. This is a 2,300 Sqft Home Floor Plan. Home Features Fresh green grass and Cedar Fence. You're greeted by a spacious living area, recess lights throughout the kitchen equipped by stainless steel appliances with a utility room located downstairs. All 3 Bedrooms upstairs carpeted. Large Master Bedroom with double vanity and 2 walk-in closets with patio, Game room upstairs as well. Garage has a workman area with lighting. Lot size 4,862 Sqft. Central A/C, quartz counters, attractive backsplash. THIS Home is Ready to be yours! Schedule your Appointment with Barbara Camacho. Enjoy this Custom Built- Home 15 Min. From Downtown/25 min From IAH Airport and 20 Min from the Galleria.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017