20215 Louetta Reach 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 |
|---|---|---|---|
| Aug 31, 2022 | Sold | ||
| Sold | |||
| May 31, 2022 | Listed by Keller Williams Professionals | $319,500 | |
| Listed by Keller Williams Professionals | |||
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This exquisite ranch style DR Horton home is both spacious and incredibly comfortable. Build on a large corner lot with a wooded back yard you feel a great sense of privacy. Centrally located in the much sought after neighborhood of Louetta Park, this home is close to local shopping & restaurants and just a 15 minutes ride to the Woodlands Mall area. Inside the updated wood look flooring, granite counters, slow close cabinets and drawers only begin to accent the many updates throughout the property. Looking for a backyard to optimize your BBQ efforts? This home gives you many options whether to install a pool in the future or just relax on a quiet evening this yard with the covered patio gives you plenty of options to create your own backyard paradise. This may be the one for you. Motivated Seller. Considering ALL offers.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017