36
Map
942 Balmorea 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 |
|---|---|---|---|
| Oct 8, 2026 | Price Decreased |
$189,900
↓ $9K
(4.6%) | |
| Price Decreased | |||
| Sep 10, 2026 | Listed by Southern Charm Real Estate | $199,000 | |
| Listed by Southern Charm Real Estate | |||
| May 22, 2026 | Sold | ||
| Sold | |||
| May 17, 2026 | In contract | - | |
| In contract | |||
| Mar 27, 2026 | Listed by Standard Real Estate | $99,000 | |
| Listed by Standard Real Estate | |||
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Have you been searching for an affordable home with lots of square footage? This one could be the house for you! Competitively priced under $50 per square foot and located in Bullard ISD in Lakewood Subdivision this home has over 2000 sq ft with a very usable floor plan. This home offers 4 bedrooms, 3 bathrooms, 2 potential living areas, large master bedroom, separate office, detached carport and storage building. The large living room has a corner fireplace as well as opening into the kitchen. This home has been repainted and various other improvements...the only thing missing is flooring. The office could be used as a 5th bedroom! Seller is selling as-is! Make an offer today! This home will ONLY QUALIFY FOR CASH OR CONVENTIONAL FINANCING!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017