1003 Suwanee Lane
About This Property
GRAND COLONIAL STYLE WITH DETACHED 2 CAR GARAGE ON A CUL-DE-SAC READY TO BE TOURED!
RECENTLY BEAUTIFULLY RENOVATED KITCHEN WITH GRANITE TOPS, STAINLESS STEEL APPLIANCES AND SELF-CLOSING CABINET HINGES.
LARGE BEDROOMS! LOVELY WALL LENGTH FIREPLACE AND WET BAR. GREAT STORAGE.
ROOF ONLY 3 MONTHS OLD!
OVERSIZED CORNER LOT!
LOTS OF POTENTIAL!
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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%.
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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.
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 |
|---|---|---|---|
| Feb 13, 2026 | Sold | ||
| Sold | |||
| Dec 11, 2025 | In contract | - | |
| In contract | |||
| Nov 29, 2025 | Listed by Shannon Property Management | $235,000 | |
| Listed by Shannon Property Management | |||
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Colonial-style home in the Cypress area on a quiet cul-de-sac in the established Westador subdivision. This neighborhood offers mature trees and convenient access to I-45, shopping, supermarkets, schools, and parks. The home sits on an oversized lot and includes major recent updates: new roof completed in 2024, fully rebuilt garage in 2025, and a kitchen upgraded in 2022 with granite countertops and white soft-close cabinetry. The first floor features ceramic tile, with carpeting upstairs. The floor plan includes formal living and dining rooms, a family room with a wall-length gas fireplace, and a wet bar near the breakfast area. All bedrooms are upstairs. The covered patio overlooks a spacious backyard with room for outdoor use or future improvements. With key structural updates completed, this home offers a solid opportunity in an established community.
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| Jun 21, 2025 | Relisted | $249,900 | |
| Relisted | |||
| Jun 12, 2025 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017