8503 Sharpcrest 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 |
|---|---|---|---|
| Jul 1, 2024 | Sold | ||
| Sold | |||
| Jun 11, 2024 | In contract | - | |
| In contract | |||
| Jun 4, 2024 | Listed by 1st Texas, Realtors | $279,900 | |
| Listed by 1st Texas, Realtors | |||
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SELLER HAS ACCEPTED AN OFFER. NO MORE SHOWINGS. Roof and tile flooring 2021. This home is immaculate and exudes the classic formal dining/living floor plan that separates the kitchen, den, and living spaces. The front of the home has a wall of windows brightening the formal living room. The lovely tile entry and no carpet throughout opens the home and gives clean lines. The brick fireplace places the cozy finishing touches in the den. The galley kitchen includes all appliances and opens up to the dining and to a cozy breakfast nook. And, to top it off, this home has a large screened in porch. Welcome to a quiet, peaceful lifestyle where you can enter the back of your home from the detached garage nestled in the back of the long driveway. Both bathrooms showcase the 1960's era that gives the home the quaint feel taking you back to the simpler way of life. This one won't last long for this price. This home is ten minutes from the Galleria and 20 minutes to downtown.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017