17606 Sorrel Ridge 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 |
|---|---|---|---|
| Jul 7, 2023 | Sold | ||
| Sold | |||
| May 25, 2023 | Listed by Berkshire Hathaway HomeServices Premier Properties | $325,000 | |
| Listed by Berkshire Hathaway HomeServices Premier Properties | |||
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Welcome to a charming one story, nestled in Cypresswood. The entryway greets you with soaring ceilings and a spacious, open concept layout for comfortable living. Featuring 4 bedrooms with 3 additional flex rooms that could easily convert to home offices, additional bedrooms or living areas. This wonderfully cared for home features new tile throughout, new paint, 2022 installed solar screens, two HVAC units and ductwork replaced, 2020 dishwasher and ring doorbell, and a 2018 water heater. Equipped with plentiful cabinets & countertop space in the kitchen, a large laundry room, 2.5 baths, extra wide doorways, ceiling fans in every room. Walk outside to sip coffee on your covered front porch or play in the enormous, fenced backyard. Located only a couple blocks from community amenities to include swimming pools, a playground, tennis courts, and clubhouse! Wonderful Klein ISD. Conveniently located near I-45, 99, shopping and dining destinations. Schedule your tour today to make it yours!
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About Cypresswood
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$2,700 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017