220 Cherry Laurel LN
About This Property
Upstairs, a private retreat awaits - complete with a large bonus room, full bathroom, and bedroom - ideal for generational living, guests, or a college-aged family member seeking their own space.
Enjoy your mornings or evenings on the covered patio overlooking the private backyard. With easy access to I-35, community amenities, and nearby shopping and dining, this home offers both comfort and convenience.
Priced to sell as an estate sale, this is one of the largest homes available in Southgrove - don't miss your opportunity to make it yours!
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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 |
|---|---|---|---|
| Nov 5, 2025 | In contract | - | |
| In contract | |||
| Oct 28, 2025 | Listed by Compass RE Texas, LLC | $325,000 | |
| Listed by Compass RE Texas, LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017