8371 Sorrel 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 |
|---|---|---|---|
| Oct 20, 2023 | Sold | ||
| Sold | |||
| Aug 22, 2023 | Listed by StarCrest Realty, LLC | $259,900 | |
| Listed by StarCrest Realty, LLC | |||
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This 3 bedroom 2.5 bathroom is full of upgrades!! All new flooring throughout the home as well as new soft close cabinets!! This home also features a brand new GE Stainless steel package of appliances in the kitchen as well as quartz countertops. The bathrooms all have new toilets and sinks!! There are all new light fixtures as well as recess lighting in the kitchen! The upgrades are endless!!!! Propety is zoned to CyFair ISD!! Don't miss your opportunity to check out this home as it won't last long!!!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017