9117 Addison Drive
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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.
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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 6, 2023 | Sold | ||
| Sold | |||
| Aug 9, 2023 | Listed by Middleton Group Realty | $449,900 | |
| Listed by Middleton Group Realty | |||
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Charming well maintained open-concept home in Heritage is just minutes from Alliance shops and restaurants and within walking distance to KISD Bette Perot elementary school. Home backs to greenbelt walking trail and sunset views from covered and screened back patio are sure to delight. The family room boasts a two-story stone fireplace and is flanked by built-in floating wood shelves. Kitchen is an entertainer's delight with island and breakfast bar, granite counters, new dishwasher, sink and touch faucet. The sellers updated the downstairs flooring with LVP. The primary bedroom offers a bay window sitting area and lots of volume with the vaulted ceiling and crown moulding. Soak away the stress in the primary bath garden tub. Abundant light pours into the upstairs bonus room where three bedrooms share double vanity bathroom with a privacy door for shower and commode. Roof has Class 4 shingles. Heritage is known for its amenities-7 pools, 200 acres of parks, trails, community events.
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| Sep 10, 2020 | Sold | ||
| Sold | |||
| May 9, 2020 | Listed by League Real Estate | $304,900 | |
| Listed by League Real Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017