9242 Fernwillow Drive
About This Property
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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 |
|---|---|---|---|
| Jan 17, 2022 | Sold | ||
| Sold | |||
| Dec 27, 2021 | Listed by Martha Turner Sotheby's | $339,000 | |
| Listed by Martha Turner Sotheby's | |||
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Desirable one story, 4 bed/2 bath, open concept, split floor plan with pool and full home generator located close to Elementary school and amenities of prestigious Gleannloch Farms. Welcoming entry with views of the pool. Work from home in your private study/home office accessed by double French doors. Living area has hand scraped wood floors, a cast stone gas fireplace and large windows for tons of natural light. Kitchen has an oversized island for tons of meal prep space and entertaining. Primary bed has large windows looking out to the pool, a private access bath and walk in closet. All carpet areas were recently replaced. Roof replaced in 2017. High-Efficiency HVAC and a Generac full home generator installed in 2019. Salt water pool with water features and extended patio installed in 2019. Convenient access to The Grand Parkway and zoned to coveted Klein ISD.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017