21327 Reed Creek Lane
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 |
|---|---|---|---|
| Feb 16, 2022 | Sold | ||
| Sold | |||
| Jan 26, 2022 | Listed by RE/MAX The Woodlands & Spring | $219,000 | |
| Listed by RE/MAX The Woodlands & Spring | |||
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Location Location Location! Charming home on a large corner cul de sac lot in desirable Bridgestone! Excellent location for commuting, shopping, and dining. Walk to neighborhood recreational facilities: pool, tennis, playground and more. Mature trees, including crepe myrtles, add to the charm! Gorgeous new wood look luxury vinyl plank flooring in the family room and dining room; fresh neutral paint throughout the home; brand new carpet in the bedrooms. High quality roof installed in 2021; HVAC system (in and out!) 2019; Water heater 2020; Upgraded Electrical Box with room for additional breakers in 2021! Huge primary suite with vaulted ceilings. Large en suite primary bath with two sinks, separate tub and shower, large walk in closet. Large private back yard! Half bath on first floor. Stainless steel dishwasher and fridge! Walk to Elementary School. Wood burning fireplace! Home is priced to reflect the opportunity for buyer to update.
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About Bridgestone
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017