9023 Tranquil Park 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%.
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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 |
|---|---|---|---|
| May 17, 2021 | Sold | ||
| Sold | |||
| Mar 26, 2021 | Listed by Remington Properties | $650,000 | |
| Listed by Remington Properties | |||
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Stunning executive home on large lot in highly desired Champion Forest! Open living/breakfast/kitchen was features 6 burner gas stove and custom cabinets. Dedicated study for the remote employee. Updated primary bath with a closet that is a must see! Spacious secondary bedrooms and game room/media room. Texas basement off game room for holiday decorations and more! Plantation shutters throughout. Beautiful crown molding and abundant built ins. Gated driveway opens to large paved area plus huge grassy area for court sports and pets. Heated pool was resurfaced 8/19. Whole house generator and newer electric panel. Close to the neighborhood park for safe walking and running. Upscale dining and shopping at the nearby Vintage and more hiking at Mischer Preserve. Easy access to 249/8/99. Outstanding Klein ISD, with the elementary school in the neighborhood.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017