927 CORMORANT
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 |
|---|---|---|---|
| Sep 3, 2024 | Sold | ||
| Sold | |||
| May 18, 2024 | Listed by Keller Williams Heritage | $260,000 | |
| Listed by Keller Williams Heritage | |||
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Built in 2005, 927 Cormorant is well-maintained and ready for you to move in and make it your own! Your next home is conveniently located just 1 mile inside of Loop 410, sitting near the front of this quiet, family-friendly neighborhood (and right across the street from the mailboxes!) with easy and quick access to all the good stuff-- IDEA charter school is just half a mile away, HEB Plus! is just 1 mile away, Wheeler Park is a 3-minute drive, and plenty of shopping and dining are just a hop, skip, and a jump down the road. Gather up the fam for game night or birthday dinners in your formal dining room adjoining the open living room. Or relax for a casual breakfast in the eat-in kitchen, perhaps sitting at the island while catching up on the news. Your laundry room is *inside* sharing space with a giant walk-in pantry for all of the good stuff you scored at HEB so fire up that grill on your covered patio with an extended pergola while the kids and dogs run rampant in the oversized backyard! Thoughtfully tucked away upstairs for peace and quiet, the bedrooms are bright and spacious with plenty of elbow room and closet space. There's even a second living area for designated craft time or claim it as your very own home office. Finally, escape to your generous primary domain and relax for "me time" in the garden tub with a good podcast, and thank yourself for making this brilliant investment.
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| Feb 6, 2009 | Sold | ||
| Sold | |||
| Oct 17, 2008 | Listed by Coldwell Banker D'Ann Harper | $129,900 | |
| Listed by Coldwell Banker D'Ann Harper | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017