18102 Cypress Hill Drive
About This Property
Cleared Lot by FM 521 with tree-lined Fence on Back Property Line in The Oaks at Suncreek Estates. Underground Electricity! Water is provided by Central Water System. Septic needs to be installed. Ride Horse/bike to the 22-acre park with a playground, sport court, riding trails or lake with fishing pier, pavilion & fountain. 30mi to Houston, TX medical Ctr & Hobby Airport via Fm 521, Tx-288 & proposed Tx-99. Close to Pearland & Lake Jackson. No Manufactured home allowed.
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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 |
|---|---|---|---|
| Dec 1, 2022 | Sold | ||
| Sold | |||
| Jul 26, 2022 | Listed by Veronica Mendoza Realty, LLC. | $94,000 | |
| Listed by Veronica Mendoza Realty, LLC. | |||
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Bring your own builder to design your custom home in this community with no MUD tax and a low 2.07% tax rate Great opportunity to be in The Oaks - buy now & build later!
Cleared Lot by FM 521 with tree-lined Fence on Back Property Line in The Oaks at Suncreek Estates. Underground Electricity! Water is provided by Central Water System. Septic needs to be installed. Ride Horse/bike to the 22-acre park with a playground, sport court, riding trails or lake with fishing pier, pavilion & fountain. 30mi to Houston, TX medical Ctr & Hobby Airport via Fm 521, Tx-288 & proposed Tx-99. Close to Pearland & Lake Jackson. No Manufactured home allowed.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017