9215 Sutter Ranch 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 25, 2023 | Sold | ||
| Sold | |||
| Sep 15, 2023 | Listed by Messina Properties | $299,900 | |
| Listed by Messina Properties | |||
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INVESTOR or HANDYMAN SPECIAL! PRICED TO SELL QUICK! 1-story Open Floorplan with Massive Island in the Kitchen with Beautiful Granite Countertops. Granite in both bathrooms as well. Per the seller...Roof (2018) HVAC (2018) Water Heater (10/2022). *REFRIGERATOR MAY STAY** The kitchen is very spacious and offers 42-inch cabinets with storage space galore! Brick 4-sides. Covered Patio. Sprinkler System. The Dining Room was incorporated into the front bedroom that was once a Study...could easily be converted back. NO Backyard Neighbors! Please check the comps for 1-story properties and see for yourself that this will be a deal for someone willing to take on sheetrock repair on some of the ceilings, install new kitchen backsplash, paint, plumbing fixtures at both bathtubs & shower and other miscellaneous items. Easy Access to 249 and 290 with Great Cy-Fair Schools...Shopping, Restaurants and MORE!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017