8422 Rayburn Road
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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 11, 2024 | Sold | ||
| Sold | |||
| Sep 30, 2024 | In contract | - | |
| In contract | |||
| Sep 22, 2024 | Listed by Nextgen Real Estate Properties | $259,999 | |
| Listed by Nextgen Real Estate Properties | |||
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stunning single-story home with open entertaining areas, three bedrooms, two bathrooms, attached two-car garage and ALL KITCHEN APPLIANCES INCLUDED! This spacious home at Joseph's Cove is move-in ready and features a chef-ready kitchen with polished granite countertops, espresso-stained wood cabinetry and stainless steel Whirlpool appliances, including a refrigerator and built-in microwave. Beautiful archways encircle the dining room located at the heart of the home. The master suite showcases a generously sized bathroom and walk-in closet. In addition to well-crafted homes, Joseph’s Cove offers residents a serene setting with a neighborhood park. Nearby shopping, dining and incredible BHISD schools!
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| Oct 25, 2021 | Sold | ||
| Sold | |||
| Jul 30, 2021 | Listed by LGI Homes | $240,900 | |
| Listed by LGI Homes | |||
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BRAND-NEW, stunning single-story home with open entertaining areas, three bedrooms, two bathrooms, attached two-car garage and ALL KITCHEN APPLIANCES INCLUDED! This spacious home at Joseph's Cove is move-in ready and features a chef-ready kitchen with polished granite countertops, espresso-stained wood cabinetry and stainless steel Whirlpool appliances, including a refrigerator and built-in microwave. Beautiful archways encircle the dining room located at the heart of the home. The master suite showcases a generously sized bathroom and walk-in closet. In addition to well-crafted homes, Joseph’s Cove offers residents a serene setting with a neighborhood park. Nearby shopping, dining and incredible BHISD schools!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017