23102 Sugar Mill Court
About This Property
Come build your dream home on 2 acres in a country setting that's close to your daily conveniences and commute. This peaceful neighborhood right outside of town will feel like home the moment you drive in the entrance to Chenango Ranch. This property is located on Sugar Mill Ct. surrounded by beautiful oak trees and custom homes. At Chenango Ranch you can also enjoy the deer, the community park and lake! Build info: No water well needed!!! This neighborhood gets water via Quadvest, powerbox is ready to go on each lot via Centerpoint, septic system installation is required by the property owner, and there are no mud taxes. Minimum sq. ft. required on this property is 2400 sq.ft. Listing Agent lives in the neighborhood! So give me a call to hear all 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 |
|---|---|---|---|
| Jan 6, 2022 | Sold | ||
| Sold | |||
| Dec 1, 2021 | Listed by Hutson Real Estate | $89,000 | |
| Listed by Hutson Real Estate | |||
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***CURRENT SURVEY AVAILABLE***
Come build your dream home on 2 acres in a country setting that's close to your daily conveniences and commute. This peaceful neighborhood right outside of town will feel like home the moment you drive in the entrance to Chenango Ranch. This property is located on Sugar Mill Ct. surrounded by beautiful oak trees and custom homes. At Chenango Ranch you can also enjoy the deer, the community park and lake! Build info: No water well needed!!! This neighborhood gets water via Quadvest, powerbox is ready to go on each lot via Centerpoint, septic system installation is required by the property owner, and there are no mud taxes. Minimum sq. ft. required on this property is 2400 sq.ft. Listing Agent lives in the neighborhood! So give me a call to hear all about this property!
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| Dec 31, 2020 | Sold | ||
| Sold | |||
| Jul 3, 2019 | Listed by Gulf Coast, REALTORS | $47,000 | |
| Listed by Gulf Coast, REALTORS | |||
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Beautiful 2.0 acre lot in ''country community''. Chenango ranch offers picnic areas, stocked pond, and no mud taxes. Easy access to Alvin, Pearland and Lake Jackson, Hwy, 288, FM 521. Horses allowed.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017