15939 Drexel Run
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 8, 2013 | Sold | ||
| Sold | |||
| Oct 3, 2013 | Listed by RE/MAX Preferred, REALTORS | $169,000 | |
| Listed by RE/MAX Preferred, REALTORS | |||
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This house will sell fast. Trends follow suit, and this home is the best of its size. Come see the upgraded cabinets in the kitchen and the oasis of a back yard. Homeowners pride shows. Wood floors in living area pop, and closet in secondary bedroom has custom racks for added organization. Popular subdivision with desirable NEISD schools, and easy access to 1604 and nearby shopping and entertaining at the Forum.
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| Feb 23, 2011 | Sold | ||
| Sold | |||
| Jan 14, 2011 | Listed by Coldwell Banker D'Ann Harper | $161,217 | |
| Listed by Coldwell Banker D'Ann Harper | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017