11314 Cherry Point 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 |
|---|---|---|---|
| Jan 9, 2024 | Sold | ||
| Sold | |||
| Nov 2, 2023 | Listed by Texas United Realty | $419,500 | |
| Listed by Texas United Realty | |||
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Welcome to your dream home in the heart of Mont Belvieu! This fantastic 3-bedroom, 2-bathroom property sits on a sprawling one-acre lot, offering endless opportunities to create your ideal outdoor oasis. As you step inside, you'll be captivated by the warm and inviting living space, perfect for gatherings or quiet evenings while you enjoy the cool air from the recently installed HVAC system and new ductwork throughout. The open-concept design seamlessly connects the living area to the dining room and kitchen, providing a comfortable and functional layout for everyday living. The kitchen features modern appliances, plenty of counter space, and a convenient breakfast bar for casual meals. With easy access to the backyard, you can envision endless possibilities for outdoor entertainment and relaxation. Plus, the convenience of being located near I-10 and Highway 99 makes commuting a breeze, with easy access to nearby amenities and employment centers. Do not miss out!
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| Apr 8, 2020 | Sold | ||
| Sold | |||
| Mar 26, 2020 | Listed by Texas All American Real Estate | $309,900 | |
| Listed by Texas All American Real Estate | |||
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Agents bring all your picky buyers to see this spectacular home nestled in the heart of Mont Belvieu and located in the Barbers Hill School District which is one of the most desired districts around. Among all the great aspects of this home you will see that it is located on a full acre of land large enough to build your dream back yard with too many possibilities to mention. This home has been updated with lots of features such as built in entertainment center and hard wired ethernet WiFi THIS HOME DID NOT FLOOD DURING HURRICANE HARVEY
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017