8812 Crestview 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 |
|---|---|---|---|
| Dec 13, 2022 | Sold | ||
| Sold | |||
| May 18, 2022 | Listed by FIG Real Estate, LLC | $299,000 | |
| Listed by FIG Real Estate, LLC | |||
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Gorgeous property in Manvel waiting for a Buyer to add their personal touch! This one-story home sits on a sprawling 1.4 acres. As you drive up to the home you are welcomed by a gazebo and flagpole that sit at the entrance. A beautiful, wooden porch stretches along the back of the home with unobstructed views of the backyard and the home is positioned so that you can enjoy a never ending breeze. All bedrooms are oversized providing endless opportunity for the next owner. There's also a bright sun room to enjoy your morning coffee! Utilities are available with electrical and plumbing connections with a propane tank and water well onsite. All of the doors and windows are equipped with storm shutters. The large garage is spacious enough for multiple vehicles. There is a bonus workshop on the property that is already equipped with electrical. This slice of paradise just out side the big city is ready for a new owner to make it their own!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017