17437 Sunset Ranch 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 23, 2021 | Sold | ||
| Sold | |||
| Oct 10, 2021 | Listed by Pam Westlake Realty Group | $2,000,000 | |
| Listed by Pam Westlake Realty Group | |||
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Magnificent architecture with traditional flare on 20+ acres in gated community. Enter the home through gorgeous courtyard with fountain and covered travertine walkway. Formal travertine entry w/chandelier, splendid archways. Note the elegant family room w/ceiling beams & centerpiece stone fireplace. Open plan with spacious kitchen, bar seating, gas cooktop, stainless appliances, classic custom cabinetry, enormous walk-in pantry, granite counters. The fantastic wine room has granite. Stunning study with craftmanship demonstrated in the wainscoting, shelving & coffered ceiling. Private primary has sitting space, door to back porch; ensuite w/natural light ceiling, spa tub, granite counters, vanity, walk-in shower, spacious walk-in closet, center island storage. 5 bedrooms each have a full bath. Half bath opens to covered porch. Enjoy entertaining w/outdoor kitchen; 40'x30' building w/roll-up doors both ends. Well, pond w/fountain, mostly fenced, lower tax rate, MISD, near Lake Conroe.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017