9262 Graham Circle
About This Property
Comfortable floor plan with three bedrooms, one and a half bathrooms, and 1,100 square feet of living space. Terrific curb appeal with nice landscaping and a beautiful wood front door. Mealtime is a breeze in this upgraded kitchen which has newer cabinets with pull out drawers, a gas stove, microwave, and a garden window. Additionally, there is an inside laundry room with a tankless water heater. The interior of the home has a fresh coat of paint, smooth ceilings, new carpet, and some dual pane windows. Heading into the private and oversized backyard, there is much to appreciate. Surrounded by a gorgeous Villa Style block wall, the large grassy area and covered patio are great for relaxing or entertaining. The list of upgrades goes on with PEX plumbing throughout and low maintenance Tex-Cote exterior paint. You'll love the water softener and whole house osmosis system. There are professionally installed security cameras which monitor the home's entry and backyard day and night via Samsung hard drive. There is also an attached two car garage with a gorgeous roll-up garage door. Furthermore, the roof is only two years old! Located in the highly rated Cypress School District including Morris elementary, Lexington junior high, Cypress high school, and the Nationally-Ranked Oxford Academy (testing requirements). Finally, the home is just a short walk away from two nearby parks and the Cypress Community Center.
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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 4, 2019 | Sold | ||
| Sold | |||
| Oct 23, 2018 | Listed by First Team Real Estate | $574,000 | |
| Listed by First Team Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017