831 Wild Cotton Road
About This Property
or investor home. Wood-look laminate flooring recently installed in family room/hallway and
newly replaced carpet in bedrooms. Roof also replaced recently. Enjoy the privacy of having no
back neighbors while sitting on your quaint covered patio. Kitchen has been upgraded with
granite countertops, new hardware and designer tile backsplash. Features include open concept
living/kitchen, a breakfast bar, pantry, breakfast room, large walk-in master closet, double
sinks, huge lush backyard, separate laundry/mudroom. Close to 59 for an easy commute and Sugar
Land town square is only minutes away!
Large family room has additional space which may be used as a dining or office area. Zoned to
the new Culver Elementary.
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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 |
|---|---|---|---|
| Mar 27, 2020 | Sold | ||
| Sold | |||
| Feb 22, 2020 | Listed by Nan & Company Properties | $175,000 | |
| Listed by Nan & Company Properties | |||
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About Cottonwood
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017