9406 Briar Forest Drive
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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%.
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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.
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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 |
|---|---|---|---|
| Sep 30, 2024 | Sold | ||
| Sold | |||
| Sep 10, 2024 | In contract | - | |
| In contract | |||
| Sep 5, 2024 | Listed by Martha Turner Sotheby's International Realty | $750,000 | |
| Listed by Martha Turner Sotheby's International Realty | |||
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A very special, single story all brick lock-and-leave that is NOT actually ON Briar Forest. Walk in and enjoy the fabulous space, renovated by a designer as a private oasis. Cathedral ceiling in the living room and high ceilings throughout make it airy and spacious without losing its fine design details and charm. Natural light illuminates the formal living and dining, the kitchen and the primary spa-like bathroom. Living room overlooks private garden patio where you can enjoy coffee or cocktails. The wet bar with hand screen printed wallpaper and 40+ bottle wine fridge is ready to serve neighbors and friends. Primary suite’s renovation just completed in 2024 prior to Seller learning of out-of-town move. One of the three bedrooms is currently formal living space, but could also be a beautiful private study. Full list of updates attached to the listing. It did not flood and is close to Memorial Villages, Briargrove Park and West Memorial neighborhoods.
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| Feb 23, 2022 | Sold | ||
| Sold | |||
| Jan 14, 2022 | Listed by Compass RE Texas, LLC Memorial | $564,000 | |
| Listed by Compass RE Texas, LLC Memorial | |||
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Property is NOT on Briar Forest, the neighborhood has a Briar Forest address. Home did NOT flood. This fantastic all brick single story patio home is a very rare gem. Private, light filled, high ceilings and beautiful traditional details. Step into the foyer and on the left in the front of the home is a wood paneled study (could be 3rd bedroom) w closet. Next to the room is a generously sized bedroom and bath. To the right of foyer is wet bar and large light filled living room w vaulted ceilings, wood flooring and views/access to private garden patio. Dining room, open to the living room w wood floors has plenty of wall space for furniture placement. The 18x14 primary suite is conveniently located on this side of the home, featuring wood flooring and updated spa like bath. Updated eat in kitchen & 2 car garage on back of home. Homeowner has moved laundry into extra space in garage & can easily be moved back in off kitchen. Room measurements are appx. All per seller.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017