12715 Sweet Root Lane
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%.
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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 |
|---|---|---|---|
| Apr 1, 2022 | Sold | ||
| Sold | |||
| Feb 4, 2022 | Listed by Red Door Realty & Associates | $405,000 | |
| Listed by Red Door Realty & Associates | |||
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Gracious entry welcomes you into the popular open-concept Lorne floorplan. Upgraded, wood-look tile floors flow throughout the living spaces for beauty & easy maintenance. Private study off the foyer for the all-important work from home space. The kitchen is a chef's dream, boasting quartz counter tops, upgraded kitchenaid appliances (including convection microwave w/ built-in air-fry capacity) 5 burner range w/ temperature probe, farmhouse sink, & undercabinet lighting. Large, white quartz island with seating, opens to spacious dining & family room. Perfect for entertaining friends & family, the cook is always part of the fun. Private primary suite overlooks large backyard. 1 additional bedroom w/ en-suite bath downstairs. Upstairs finds the children's retreat: 2 spacious bedrooms, 2 full baths & huge gameroom enclosed for privacy, quiet & children's safety.Situated on the circle of the cul-de-sac. Oversize back yard backs up to green space; no back neighbors & never will be.
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About Houston
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$1,855 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017