23007 Cable Terrace Drive 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 |
|---|---|---|---|
| Dec 23, 2020 | Sold | ||
| Sold | |||
| Sep 21, 2020 | Listed by Compass RE Texas, LLC | $375,000 | |
| Listed by Compass RE Texas, LLC | |||
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Stately four bedroom home is complete with study, game room & sparkling pool located in the Greenway Village neighborhood of Cinco Ranch. This highly sought-after location boasts easy access to Highway 99 & the Cinco Ranch Golf Course. Roof replaced in 2017, HVAC system in 2016 and exterior painted in 2020. Large island kitchen with on trend white cabinets & stainless steel appliances overlooks the breakfast room & into the family room with updated stone fireplace & warm wood floors. Spacious formal dining room to host dinner parties or special occasion meals. Private study with French doors provides that space you need to work from home. Roomy covered patio overlooks the dazzling pool for those hot summer days. You won't want to miss this reasonably priced stunner in Cinco Ranch.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017