1721 Creek 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 |
|---|---|---|---|
| Mar 15, 2022 | Sold | ||
| Sold | |||
| Jan 12, 2022 | Listed by Circa Real Estate | $1,599,000 | |
| Listed by Circa Real Estate | |||
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Beautiful 5 bedroom, 5.5 bath home located in the desirable Spring Branch area! Prominently situated on a sprawling lot surrounded by lush landscaping and mature trees. Features include gleaming hardwood floors through all of the living spaces, expansive kitchen with an abundance of storage and stainless steel appliances that is open to breakfast room and living room, private office, and huge second floor gameroom with a dry bar. Primary suite with spa-like bath and large walk-in closet. Exterior details include a covered patio with outdoor kitchen, fireplace, and sprawling green lawn. The oversized two-car garage is fully air-conditioned and features motorized overhead storage. Zoned to exemplary schools: Valley Oaks Elementary, Spring Branch Middle, and Memorial High. A MUST SEE!
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| Feb 27, 2019 | Sold | ||
| Sold | |||
| Dec 14, 2018 | Listed by Meadows Property Group | $1,399,000 | |
| Listed by Meadows Property Group | |||
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Like new construction zoned to Valley Oak Elementary, Spring Branch Middle, and Memorial High School! Custom home built by Allegiance Builders in 2016 has all the upgrades anyone could want. Open concept floorplan with cathedral ceilings, professional kitchen, and master bedroom plus bonus room downstairs. Upstairs has three additional bedrooms with ensuite bathrooms, a study area plus a huge gameroom. Outside living area offers a covered patio with an outdoor kitchen, fireplace and built-in surround sound. Some of the many upgrades include tankless water heater, water softener, tinted windows, wire for a generator, radiant barrier, Thermador applainces, Quartz counters, Chicago brick details, slurried exterior surround, and many many more. Quiet neighborhood is walkable with an easy commute into Downtown or Energy Corridor. Schedule your appointment today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017