1915 Sowles Park 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, 2022 | Sold | ||
| Sold | |||
| Jun 2, 2022 | Listed by Compass RE Texas, LLC | $312,500 | |
| Listed by Compass RE Texas, LLC | |||
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Charming one-story home in Lakecrest just off Franz Road providing easy access to Grand Parkway & I-10. Functional floorplan with primary bedroom on one side and secondary bedrooms on the other. In the middle of this exceptional home is the open concept living, dining and kitchen. Gas starter fireplace adds character while the covered patio is a place to enjoy the outdoors without direct sun. You won't find carpeting in this home. Flooring is laminate and tile. Located just one block from Lakecrest playground, pool & splash pad, you can walk to the fun! This beautifully maintained abode has a formal dining space, breakfast room and breakfast bar in addition to a nice-sized pantry, a plethora of kitchen storage and indoor laundry room off garage. The spacious primary suite has room for a sitting area and an en suite bath with separate soaking tub and shower, seated vanity and large closet for two. Don't let this one slip through your fingers.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017