7615 Par Five 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%.
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 8, 2021 | Sold | ||
| Sold | |||
| Oct 8, 2021 | Listed by RE/MAX Universal | $304,990 | |
| Listed by RE/MAX Universal | |||
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Single story, Updated, cottage like home on Walden Lake Houston. This home sits on a corner Cul-de-sac lot with the front entry facing Par Five, and the Garage entry on Masterwood Court; the Cul-de-sac. The layout of the home suits and fits the lot perfectly with a 270 degree unobstructed view. The updated Kitchen is a chef's dream: Quartz Island with Induction Cooktop and loads of storage beneath, new Microwave, Subway tile Backsplash, Bay Windows in Breakfast and over Kitchen Undermount Sink & Glass Front Cabinets. Large Primary Suite with Huge Walk-in Closet, Large Bath with Separate Shower and Double Vanities. All new paint inside, new Fans and Fixtures. Shows beautifully. Lots of rooms for overnight guests: The perfect home with plenty of space for hosting and entertaining.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017