1715 Ocotillo Court
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 |
|---|---|---|---|
| Jun 4, 2024 | Sold | ||
| Sold | |||
| May 25, 2024 | In contract | - | |
| In contract | |||
| May 17, 2024 | Listed by PAK Home Realty | $340,000 | |
| Listed by PAK Home Realty | |||
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Breathtaking Home with 3 Bedrooms, 2 full bathrooms, recent updates, & huge backyard situated in the desired Falcon Landing subdivision. This wonderful home offers beautiful brick elevation upon arrival with mature trees and lush landscaping. Upon entry invited into the Luxurious Living Room with high ceilings, Gourmet Kitchen & Dining Room and a wonderful area to entertain. The Gourmet Kitchen offers island, Breakfast Bar for additional seating, delicate white cabinetry and custom tile backsplash. Dining Areas for meals together. Spacious Bedrooms with wood flooring and ceiling fans. Primary Suite is DIVINE with tons of space to make your own and access to the Primary Bathroom Oasis complete with his and her vanities and sinks, jetted tub to soak in after a long day, glass encased shower and walk in closet. Backyard has an abundance of greenspace to turn into your own with patio, trees and more! Zoned to Cinco Ranch Junior and High school, call today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017