1611 Cottage Point 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 |
|---|---|---|---|
| Oct 18, 2021 | Sold | ||
| Sold | |||
| Sep 17, 2021 | Listed by Keller Williams Premier Realty | $405,000 | |
| Listed by Keller Williams Premier Realty | |||
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Stunning MOVE IN READY Emerald built classic, on large culdesac lot in beloved Greenway Village in the heart of Cinco Ranch, West Houston's premier masterplanned community! A++ curb appeal plus oversized flagstone covered back patio on large pool sized backyard! Updated kit w/granite, stainless appl, diagonal stone bcksplsh w/granite inlay! Stainless LG fridge stays!. Large walkin pantry plus correspondence desk w/glass uppers! Gorgeous wood floors grace frml dining, fam rm & study/home office w/French drs & private access to primary. Spacious primary w/crown molding, updated bath w/marble style vanity, seamless shower w/bench, jetted tub! Fam rm with ceiling fan & FP w/granite surround & custom wood trim mantel. Plantation shutters throughout! Double pane wndws for energy efficiency/noise reduction. Ceiling fans all BRs & N/S orientation add to energy savings! Large gar extension, full sprnklr, recent int & ext paint. Low tax rate! All Cinco Ranch amenities. No Flooding!!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017