15726 Morley 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 |
|---|---|---|---|
| Nov 25, 2024 | Sold | ||
| Sold | |||
| Oct 29, 2024 | In contract | - | |
| In contract | |||
| Oct 1, 2024 | No longer available | - | |
| No longer available | |||
| Sep 30, 2024 | Listed by Keller Williams Premier Realty | $499,950 | |
| Listed by Keller Williams Premier Realty | |||
| | |||
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Price reduction! Motivated sellers. Welcome to your dream home in the heart of Cypress,TX! This stunning single-story, 3 bedroom, 2 bath, gem offers the perfect blend of comfort & charm, nestled on a spacious one-acre lot adorned w/gorgeous oak trees. Enjoy the benefits of very low taxes and offering you the flexibility to make this property truly your own. The expansive outdoor area is a haven for entertainment, complete with a mounted TV—ideal for watching the big game or enjoying movie nights under the stars. A charming barn adds character and versatile space for hobbies or extra storage, while the detached garage offers convenience and ample space for your vehicles and tools. Natural Gas Kohler 20kw generator w./electrical box. Don’t miss out on this exceptional opportunity to own a slice of paradise in Cypress. Schedule your visit today and experience the perfect blend of tranquility and convenience!
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| Sep 24, 2024 | Price Decreased |
$499,950
↓ $25K
(4.8%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017