8432 Raylin 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 15, 2024 | Sold | ||
| Sold | |||
| Oct 6, 2023 | Listed by Cunningham Realty Group | $2,499,000 | |
| Listed by Cunningham Realty Group | |||
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Estimated completion Feburary! Stunning masterpiece by Cunningham Homes. Luxury at it's finest in one of Houston's most desirable neighborhoods! This one of a kind floor plan is sure to be the talk of the town with designer inspired finishes, Thermador appliances, custom trim work and a natural flow for any occasion. First floor features elegant primary retreat, primary bath w/ his/her closets & vanities; guest suite, open living concept w/ kitchen open to breakfast & family room; formal dinning, study, planning center, wine room & more! Three secondary bedrooms w/ walk-in closets, spacious gameroom w/ wet bar on second floor. Large covered patio & summer kitchen w/ room for a pool in the backyard. 3 car garage, dog washing station, rare & unique motor courtyard! SUPER Energy Efficient, spray foam insulation, tankless H2O, HVAC. Memorial HS, Spring Branch. Don’t miss this spectacular opportunity!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017