701 Sunny Slope Drive
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 |
|---|---|---|---|
| May 31, 2024 | Sold | ||
| Sold | |||
| May 3, 2024 | In contract | - | |
| In contract | |||
| Apr 17, 2024 | Listed by Compass RE Texas, LLC | $325,000 | |
| Listed by Compass RE Texas, LLC | |||
| Jun 22, 2020 | Sold | ||
| Sold | |||
| May 8, 2020 | Listed by Ebby Halliday, REALTORS-Coit | $225,000 | |
| Listed by Ebby Halliday, REALTORS-Coit | |||
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Fully updated home on large corner lot! Updates from April 2020 include: Interior and exterior paint and trim, kitchen cabinetry and granite countertop with barstool overhang, master bath and hall bath, appliances, lighting and ceiling fans, luxury plank flooring, hardware, and landscaping! Newer roof, AC and water heater! Allen ISD schools.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017