611 Cormorant
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 |
|---|---|---|---|
| Dec 29, 2023 | Sold | ||
| Sold | |||
| Aug 17, 2023 | Listed by Levi Rodgers Real Estate Group | $225,000 | |
| Listed by Levi Rodgers Real Estate Group | |||
| | |||
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Darling single story home located in an established neighborhood just minutes from Hwy 151 & Loop 410 and less than 15 minutes to Lackland AFB. The interior features a flexible floor plan with 3 bedrooms, 2 full bathrooms and a bonus space between the secondary bedrooms and the primary suite that could be used as a home office, second living space or 4th bedroom. The main living spaces feature laminate and ceramic tile flooring for easy maintenance, recessed lighting and a handsome chair rail accent. The eat in kitchen overlooks the main living area and opens to the covered patio overlooking the privacy fenced backyard with no immediate neighbors in back. Recent improvements include new carpet, fresh interior paint, repaired back fence and refreshed landscaping in front. Additional features include a two car garage with opener, laundry room with full size washer/dryer connections, programmable thermostat and more. Same day showings available.
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| Oct 11, 2012 | Sold | ||
| Sold | |||
| Jul 12, 2012 | Listed by Keller Williams Legacy | $114,000 | |
| Listed by Keller Williams Legacy | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017