1845 Commons Hill 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 |
|---|---|---|---|
| Jun 17, 2023 | No longer available | - | |
| No longer available | |||
| Jun 16, 2023 | Sold | ||
| Sold | |||
| May 18, 2023 | In contract | - | |
| In contract | |||
| May 1, 2023 | Listed by Lifestyle Ranch & Home Group | Compass | $375,000 | |
| Listed by Lifestyle Ranch & Home Group | Compass | |||
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Take advantage as this is the only home for sale in the gated community of Hollister Commons. Centrally located near premier entertainment, shopping & dining destinations. Only 10 miles to Downtown, 5 miles to CityCentre, easy access to Energy Corridor, Galleria, Beltway 8 & Memorial Park & zoned to excellent SBISD schools, this beautiful 2 story Energy Star Qualified home was designed with modern style, & many upgrades! Recent updates include commercial grade luxury vinyl wood plank flooring upstairs, new lighting fixtures, new smart home HVAC thermostat, new modern fans, interior painting throughout, exterior wood stained fenced & add?l exterior painting & touch up. This floorplan has one of the most desirable chefs kitchen featuring upgrades such as stainless steel Kitchen Aid appliances with double ovens & gas cooktop, lots of cabinets & counter space for meal prep & gatherings. Upstairs you will find a game/flex room, split BR floorplan with upgraded bathrooms. More pics to come. The manager has listed the unit size as 1895 square feet.
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| Feb 26, 2021 | Listed by Energy Realty | $340,000 | |
| Listed by Energy Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017