8514 Beacon Bend Lane
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 |
|---|---|---|---|
| Oct 4, 2024 | Sold | ||
| Sold | |||
| Aug 8, 2024 | Listed | $474,900 | |
| Listed | |||
| | |||
|
Beautiful classic move-in ready home in highly desired Silver Lake area with key updates including 2 bedrooms downstairs, 3 bedrooms upstairs, 4 full bath, new roof, recent AC updates, and electric driveway gate leading to your 3 car garage fitted with a Nema plug for your electric vehicle! This home has tons of space - formal living, formal dining, huge family room, casual dining and Texas-sized kitchen, game room upstairs and an ultra private backyard with no back neighbors. You will fall in love with the lake and walking paths that meander through this quiet, friendly neighborhood. Zoned to outstanding schools including Silver Lake Elementary, Berry Miller Junior High and Dawson High School. Excellent access to freeways leading to Texas Medical Center, downtown Houston, Freeport/Angleton or anywhere in the greater Houston area. Shopping, entertainment and medical care are all within a 7 minute drive. Come and see this home today and make it your own!
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| Aug 6, 2024 | No longer available | - | |
| No longer available | |||
| Jul 19, 2024 | Price Decreased |
$499,999
↓ $15K
(2.9%) | |
| Price Decreased | |||
| Jul 3, 2024 | Relisted | $514,990 | |
| Relisted | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017