227 Sunset Drive
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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 |
|---|---|---|---|
| Jan 11, 2024 | Sold | ||
| Sold | |||
| Oct 7, 2023 | Listed by Metroplex R.E.Services | $269,900 | |
| Listed by Metroplex R.E.Services | |||
| | |||
|
Just REDUCED $6K!!! !! Darling 3 bedroom 2 bath home complete with a 2 car garage. Bright and open floorplan plan located in the sought after Red Oak ISD. Living room features a fireplace a wall of windows! The kitchen is fully equipped ! Charming patio on nearly a quarter acre lot --POOL SIZED yard !!!. Buyer's Agents: Offer your clients more. A $3,000 lender credit is available when they close with Michael Anthony at Mutual of Omaha Mortgage NMLS 100515. It's a simple call for potential savings. Please see Transaction Desk for contact details PLS see private remarks for OFFER INSTRUCTIONS No BLIND OFFERS*
| |||
| Nov 1, 2021 | Sold | ||
| Sold | |||
| Oct 7, 2021 | Listed by Keller Williams Realty | $200,000 | |
| Listed by Keller Williams Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017