5900 Hightower Street
About This Property
This stunning Sutton Fields home built in 2021 boasts an open floor plan with four bedrooms, three and a half baths, a game room, north-facing orientation, and is situated on an oversized lot. It's full of top-of-the-line upgrades, such as hand-scraped hardwood floors and updated light fixtures. Don't let the chance to live in one of Prosper ISD's neighborhoods slip away.
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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 |
|---|---|---|---|
| Oct 23, 2023 | Sold | ||
| Sold | |||
| Sep 9, 2023 | Listed by Coldwell Banker Apex, REALTORS | $625,000 | |
| Listed by Coldwell Banker Apex, REALTORS | |||
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Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20426869
Details provided by NTREIS and may not match the public record
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017