15218 Bandera Falls Bend
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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 |
|---|---|---|---|
| Mar 24, 2021 | Sold | ||
| Sold | |||
| Feb 12, 2021 | Listed by Boutwell Properties LLC | $665,000 | |
| Listed by Boutwell Properties LLC | |||
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Gorgeous home in Rock Creek with Fabulous Backyard Paradise! Cypress Custom Pool w/Waterfalls, Spa and Shallow Tanning Ledge. Large Covered Patio overlooks Pool & Pavilion areas. Great for Easy Relaxing and Entertaining Family & Friends. The Large Pavilion feautres Outdoor Kitchen, Spacious Dining area, Ceiling Fans, Canned Lighting and lots of serving counter space. Curved Wrought Iron stairway makes a grand entrance. Hardwood floors, Dbl. Crown molding, Plantation Shutters are just a few of the upgraded features in this home. Spacious Kitchen has Custom cabinetry, Double Stainless Ovens & Opens to Large Breakfast & Family areas w/Convenient Built-In Wine Chiller & Ice-maker. Gameroom Up Plus an Extra Room can be Media, Music, Study area. Upstairs Baths are Updated w/Direst access to All Bedrooms. Rock Creek features Lakes, Parks, Playgrounds, Splash Pad, Community Fitness center. Zoned to sought-after Cy-Fair ISD schools.
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About Cypress
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017