2527 Sugar Mill Drive
About This Property
between the indoor and outdoor settings, which is absolutely vital to this home's identity. The home boasts the most magnificent oak tree you will ever see, surrounded by a beautiful, wooden deck to complement its grandeur. The backyard is spacious, as it is one of the largest lots in the neighborhood. The home has been lovingly cared for, and has been extremely well-maintained. The neighborhood is one of the best in town, perfect for kids and adults to play outside! Bear in mind that all of this is less than a ten-minute drive to all that Sugar Land has to offer in entertainment, schools, groceries, restaurants, etc. You won't want to miss this one!
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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 |
|---|---|---|---|
| Sep 22, 2021 | Sold | ||
| Sold | |||
| Aug 15, 2021 | Listed by Keller Williams Realty Austin | $324,999 | |
| Listed by Keller Williams Realty Austin | |||
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A charming, unassuming, and picturesque home sits in the heart of Colony Bend, Sugar Land, amongst beautiful trees and foliage. Entertain your guests, and family alike, in a home that flows beautifully and effortlessly from front to back, inside to outside. Natural light abounds, fills the home with warmth, and brings a certain cohesion
between the indoor and outdoor settings, which is absolutely vital to this home’s identity. The home boasts the most magnificent oak tree you will ever see, surrounded by a beautiful, wooden deck to complement its grandeur. The backyard is spacious, as it is one of the largest lots in the neighborhood. The home has been lovingly cared for, and has been extremely well-maintained. The neighborhood is one of the best in town, perfect for kids and adults to play outside! Bear in mind that all of this is less than a ten-minute drive to all that Sugar Land has to offer in entertainment, schools, groceries, restaurants, etc. You won't want to miss this one!
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Property Highlights
Building Info
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Price/ft²
Listed On
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About Colony Bend
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$1,400 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017