8807 Memorial Creek 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 |
|---|---|---|---|
| May 9, 2022 | Sold | ||
| Sold | |||
| Apr 6, 2022 | Listed by Messina Properties | $390,000 | |
| Listed by Messina Properties | |||
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**MULTIPLE OFFERS...HIGHEST & BEST BY FRIDAY, 4/8 at 7 PM**METICULOUSLY MAINTAINED by Original Owners Boasting Recent Roof (2015), REMODELED Kitchen w/Granite Counter Tops, SS G.E. Appliances, 5-Burner Bosch Cooktop, Kohler Sink, Tiled Backsplash AND MORE, REMODELED Primary Bath w/LG Frameless Glass Shower, Raised American Standard Toilet w/Soft Close (also in Powder Bath), Porcelain Tile Floor AND MORE, Laminate Flooring Up and Downstairs, Exterior Paint (2021), Recent Pool Equipment (2020), Craftsman-Style Front Door (2017), Water Heater (2019), Recent Door Hardware & Rocker Switches/Dimmers (2021)...AND SO MUCH MORE...Ask Your Realtor for the Improvement List! The Screened-In Back Porch (off the Primary Bedroom) makes for a nice place to enjoy your beverage & get some much-needed relaxation while enjoying the view of your POOL/SPA and lushly landscaped backyard! WASHER & DRYER STAY! Close to 249, 99 Grand Parkway, Shopping, Restaurants! Great Klein ISD!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017