1504 Cottonwood 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 10, 2023 | Sold | ||
| Sold | |||
| Jun 2, 2023 | Listed by Coldwell Banker Realty | $210,000 | |
| Listed by Coldwell Banker Realty | |||
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Welcome to 1504 Cottonwood! This charming residence in 77502 offers 3 bedrooms, 1 bath, a large backyard with a covered patio, 2 car garage, corner lot, and a storage shed for convenient storage options. The spacious living room welcomes you with natural light, perfect for relaxation and entertaining. The kitchen is well-equipped with modern appliances and plenty of cabinets for storage. Enjoy the ample outdoor space, ideal for children to play and hosting gatherings. The corner lot is on a street that is not a cut through street for other cars that may be passing through which provides privacy and added security. Located near amenities and with easy access to highways. Schedule a viewing today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017