18215 Hammondsport Lane
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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 |
|---|---|---|---|
| Aug 4, 2023 | Sold | ||
| Sold | |||
| Jul 1, 2023 | Listed by Red Door Realty & Associates | $325,000 | |
| Listed by Red Door Realty & Associates | |||
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Welcome HOME TO Hammondsport lane in Cypress. 4 bedroom, 2.5 bath, Home features vinyl, waterproof wood like flooring and tile throughout. Family and friends come on over for movie night, home has a HUGE MEDIA room with screen and projector, Primary is located on the first floor, with 3 bedrooms up. Spacious living and kitchen combo with bar height seating, and a pantry. Roof shingles replaced 1.5 yrs ago. Such a awesome neighborhood, located close to highway 99 for easy access to the Woodlands, Houston and Tomball! Come get it today - call your agent of choice or the listing agent Ronda Schaub directly if you do not have representation and lets make this beautiful home YOURS!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017