8935 Langdon 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 |
|---|---|---|---|
| Aug 2, 2024 | Sold | ||
| Sold | |||
| Jun 11, 2024 | In contract | - | |
| In contract | |||
| May 29, 2024 | No longer available | - | |
| No longer available | |||
| May 28, 2024 | Listed by Compass RE Texas, LLC - Memorial | $360,000 | |
| Listed by Compass RE Texas, LLC - Memorial | |||
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Located in a prestigious neighborhood, this 4-bed, 2-bath corner lot residence combines luxury w/ functionality. Inside, a gourmet kitchen awaits, outfitted with high-end stainless steel appliances, including a 6-burner gas range stove and a professional vent hood, complemented by custom cabinetry and sandstone countertops. The home is an entertainer's dream, featuring a professional-grade bar and a full-size built-in aquarium, creating a unique ambiance for hosting.Practical amenities include an oversized 4-car garage w/ specialized space for large vehicles, in-house laundry equipped with a washer & dryer, & upgraded electrical systems. The property's outdoor space offers a serene backyard oasis, while its location near the Galleria, major medical centers, & dining/entertainment venues enhances its appeal. With vinyl windows, a robust gutter system, & exceptional curb appeal, this two-story home is not just a place to live in a prime location.
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| May 3, 2024 | Price Decreased |
$375,000
↓ $10K
(2.6%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017