6115 Sawland 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%.
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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.
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 |
|---|---|---|---|
| Apr 14, 2022 | Sold | ||
| Sold | |||
| Mar 18, 2022 | Listed by RE/MAX Grand | $350,000 | |
| Listed by RE/MAX Grand | |||
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Gorgeous one story house located in the desirable community of Cinco Ranch. This home offers 3 bedrooms, 2 bathrooms and Study room. Laminate wood floor in entry, formal dining, family area and study, carpet in the bedrooms and Tile in all wet areas. Open concept kitchen with granite counter top, stainless steel appliances and 42" cabinets. Good size Master bedroom with crown molding. Master bathroom with double sink, separate tub and glass shower. Second bathroom with granite counter top, tub with shower. Nice size covered patio with pull out extended shade. Beautiful backyard with sprinkler system. Washer, dryer and refrigerator included. Great location, close to schools, shopping and restaurants. Zoned awarded Katy School District schools. Easy access to Westpark tollway, 99 and 1463.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017