227 Sonoma Court
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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 |
|---|---|---|---|
| Mar 1, 2021 | Sold | ||
| Sold | |||
| Dec 2, 2020 | Listed by RE/MAX The Woodlands & Spring | $684,999 | |
| Listed by RE/MAX The Woodlands & Spring | |||
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Beautiful Home Located in the Gated Reserve at Grogan’s Mill Community. Close to I 45, Market Street, Pavilion, Shopping, Hospitals & More. Stunning Entry w/Soaring Ceiling & Open Floor Concept that Flows from the Kitchen Through the Dining Room into a Spacious Living Area w/5 Large Windows & Gas Log Fireplace. Open Concept for Entertaining w/Tons of Natural Light. Study Offers Built-in Cabinetry & Secret Patio. Kitchen Boasts an Over-sized Island, Granite Counters, Electrolux Appliances, Double Open & Spacious Pantry. Backyard Features Inviting Patio w/Fully Equipped Outdoor Kitchen, Natural Gas Grill, & Storage. Beautiful Hardwood Floors Throughout Entire House. Massive Primary Retreat w/Over-sized Barn Door Dividing Bedroom from Large Bathroom w/His & Her Sides, Soaking Tub & Giant Shower w/Sitting Area. Walk-in Closet Features Custom Organizing System. Upstairs Family Room w/Wet Bar. All Bedrooms Have En-suite Bathrooms. Front Bedroom has Walk-out Balcony. LOW 2.0241 Tax Rate
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017