11518 Moltere Drive
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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 |
|---|---|---|---|
| Jul 26, 2024 | Sold | ||
| Sold | |||
| Jun 18, 2024 | In contract | - | |
| In contract | |||
| Jun 7, 2024 | Listed by CB&A, Realtors | $265,000 | |
| Listed by CB&A, Realtors | |||
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Don't miss this affordable gem in Cypress! This charming one story home features 3 bedrooms, 2 baths, and a 2 car garage in a great neighborhood. Enjoy the convenience of easy access to major highways and top-rated schools. With a private backyard patio and neighborhood pool, this home is perfect for entertaining. Close to shopping, dining, and only 15 minutes from the outlet mall. CyFair SchoolsCall your Realtor today to schedule a showing at 11518 Moltere - this one won't last long!
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About Meisterwood
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017