31702 Sydney Creek Drive
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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%.
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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.
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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 20, 2024 | Sold | ||
| Sold | |||
| Jan 27, 2024 | In contract | - | |
| In contract | |||
| Jan 10, 2024 | Listed by Anja DrewesProperties, LLC | $362,000 | |
| Listed by Anja DrewesProperties, LLC | |||
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This beautiful 3 bedroom plus Study on huge lot 11762 SF in Stone Creek Ranch is perfect for those who love the small town feel yet want to be close to all the best amenities that Houston has to offer. 4 sides brick and a 2017 roof, sprinkler front and back. The covered patio with outdoor kitchen overlooks the large private backyard with no back neighbors, w playset, perfect for relaxing or entertaining. The island kitchen comes complete with a breakfast bar that will sit 4, and 42" cabinets and stainless appliances for that modern touch. The premier bedroom boasts a bay window, providing plenty of natural light and a peaceful spot to relax. The home located just across from the neighborhood pool, clubhouse, and playground, Stone Creek Ranch is a wonderful community. Plenty of shopping and dining nearby, including the Houston Premium Outlets, which are just 10. minutes away. With easy access to Highway 290, FM 1960 and the Grand Parkway, this home is the perfect place to call your own.
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About Harris
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017