7331 Skybright Lane
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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 |
|---|---|---|---|
| Sep 23, 2022 | Sold | ||
| Sold | |||
| Jul 14, 2022 | Listed by Texas Realty | $260,000 | |
| Listed by Texas Realty | |||
| Aug 7, 2020 | Sold | ||
| Sold | |||
| May 12, 2020 | Listed by Keller Williams Realty | $189,000 | |
| Listed by Keller Williams Realty | |||
| | |||
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MOVE IN READY! The Perfect starter home that’s situated on a cul-de-sac lot in the family friendly neighborhood of Sommerall in Cy-Fair! Located in the sought after Cy-Fair school district with easy access to Hwy 290, Hwy 6, I-10 plus lots of neighborhood amenities! This 1 story, 3 bedroom, 2 bath home offers a split floor plan w/new engineered laminate wood floors, spacious bedrooms & a gameroom! The large backyard with a covered patio is perfect for the kids & pets to play or have perfect for summer cookouts! Updates include: New Carpet, 2 New Steel Doors, New Exterior Siding, Newly Painted Interior & Exterior, French Patio Doors w/Built-In Blinds, Bedroom Doors, Fixtures, Crown Molding, Lights, Laminate Floors, a Fully Renovated Bathroom, plus a New Side Fence! The AC Handler/Condenser & Water Heater was replaced w/in 5 yrs & SS Dishwasher replaced w/in 2 yrs. This home has beautiful curb appeal with a lush green lawn & mature trees! Features & Updates Attached! THIS IS A MUST SEE!
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| Mar 23, 2020 | No longer available | - | |
| No longer available | |||
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About Sommerall
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$2,150 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017