8811 Manhattan 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 |
|---|---|---|---|
| Nov 21, 2024 | Sold | ||
| Sold | |||
| Oct 22, 2024 | In contract | - | |
| In contract | |||
| Oct 4, 2024 | Relisted | $535,000 | |
| Relisted | |||
| Oct 1, 2024 | In contract | - | |
| In contract | |||
| Sep 12, 2024 | Listed by Coldwell Banker Realty - Bellaire-Metropolitan | $535,000 | |
| Listed by Coldwell Banker Realty - Bellaire-Metropolitan | |||
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Exceptional Home, boasting a Premium Location on a Tree-Lined Street in the Heart of Meyerland, features a Newly Installed Roof (Aug 2024), AC Condenser (Sept 2024), & Electrical Panel (Oct 2024). Additional Improvements include PEX Piping*, Recent Ductwork*, PVC Under Slab Plumbing*, Lifetime Transferrable Foundation Repair*, Hurricane Rated Windows*, Generac Generator, & Driveway Gate. Versatile Floorplan allows Front Living Area, w/Bay Window, to be used as an In-Home Office. Kitchen offers Granite Counters, Stone Style Tile Backsplash, Raised Panel Cabinets, Breakfast Bar, & 4 Burner Induction Cooktop. Family Rm touts Wood Floors, Brick Fireplace, & Casement Windows, which view the Expansive Patio, Sparkling Pool, & Yard. Primary Suite offers 2 Walk-in Closets & Enlarged Walk-in Shower w/Tile Surround. Finished Garage could be used as a Gamerm, Pool House, etc., Add your Personal Decorating touches to this Wonderful Home! Zoned to Lovett Elem & Bellaire High!* Per Previous Seller.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017