3315 Tall Sycamore Trail
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 |
|---|---|---|---|
| Sep 20, 2023 | Sold | ||
| Sold | |||
| Aug 18, 2023 | Listed by BHGRE Gary Greene | $295,000 | |
| Listed by BHGRE Gary Greene | |||
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Welcome home to 3115 Tall Sycamore Trail in Morton Creek Ranch! This charming 1-story home features brick & stone elevation, open floorplan, and spacious rooms. Wood laminate flooring flows throughout most of the home, with neutral tile floors in Entry, Kitchen, Bathrooms, and Laundry Room. Gourmet Kitchen with warm cabinets, granite countertops, gas cooking, and a large Breakfast Area. Dedicated Formal Dining Room is perfect for family gatherings and entertaining. Central Family Room with wall of windows overlooking the covered patio and backyard. Owner's Retreat has plenty of room for all king-size furnishings and offers En-Suite Bathroom that boasts dual sinks, vanity, glass enclosed shower & garden tub. Two secondary Bedrooms with ample closet space. Katy ISD Schools! Conveniently located near shopping and dining! Great home potential with a little TLC. Welcome Home!
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About Harris
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017