2727 Driftwood 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 |
|---|---|---|---|
| Feb 15, 2024 | Sold | ||
| Sold | |||
| Jan 23, 2024 | In contract | - | |
| In contract | |||
| Dec 6, 2023 | Listed by HOUSTON TOP REALTY | $459,500 | |
| Listed by HOUSTON TOP REALTY | |||
| Jul 24, 2020 | Sold | ||
| Sold | |||
| Jun 9, 2020 | Listed by Texas United Realty | $320,000 | |
| Listed by Texas United Realty | |||
| | |||
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PROFESSIONAL PHOTOS COMING****....BEAUTIFUL 4/3/3 WITH KITCHEN OPENING TO LIVING AREA*HARDWOOD FLOORS* GRANITE KITCHEN CABINETS W/ ISLAND* SS APPLIANCES* 2 BEDROOMS DOWN ( 1 IS MASTER) BOTH HAVE THEIR OWN BATH* 2 UPSTAIRS BEDROOMS WITH SHARED BATH* LARGE GAMEROOM UP WITH BUILT INS* FORMAL DINING* BREAKFAST AREA* PATIO* GREAT NEIGHBORHOOD* PEARLAND ISD*GREAT PLACE TO RAISE THE FAMILY* DID NOT FLOOD IN HARVEY!!!****
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017