8426 Moravian Drive
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 |
|---|---|---|---|
| Mar 18, 2025 | Sold | ||
| Sold | |||
| Feb 17, 2025 | In contract | - | |
| In contract | |||
| Dec 4, 2024 | Listed by Texas Trust Real Estate | $550,000 | |
| Listed by Texas Trust Real Estate | |||
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This charming home on 2 acres offers privacy and relaxed country living. The property is fully fenced with an automatic gate, ensuring both security and ease of access. The well-maintained and immaculate brick home boasts timeless appeal featuring a spacious layout with comfortable living spaces. In addition to a 2-car attached garage there is an extra 3-car detached garage, perfect for additional storage, a workshop, or extra vehicle parking. This property is located just inside the Moravian Ridge subdivision that does have some restrictions, but there is no HOA, allowing for greater flexibility in how you enjoy your land. Whether you’re looking for a peaceful retreat, room to grow, or your forever home, this property provides the perfect setting. Enjoy the best of country living in Sealy while close enough to town and all its conveniences!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017