18302 Cinderwood Drive
About This Property
While this home may need a little TLC, its potential is undeniable. It's located in the highly sought-after Cypress-Fairbanks Independent School District, making it an ideal choice for families.
Imagine the possibilities as you tour this home, envisioning your dream decor in each room. With some care and creativity, this house could quickly become your perfect home.
Don't miss out on this opportunity to invest in your future in Cypress, Texas. Schedule a viewing today and see the potential of 18302 Cinderwood Drive for yourself!
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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 |
|---|---|---|---|
| Feb 14, 2024 | Sold | ||
| Sold | |||
| Jan 9, 2024 | In contract | - | |
| In contract | |||
| Nov 27, 2023 | Listed by eXp Realty LLC | $289,900 | |
| Listed by eXp Realty LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017