9311 Sharpcrest Street
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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 11, 2021 | Sold | ||
| Sold | |||
| Oct 21, 2020 | Listed by Exceed Realty | $240,000 | |
| Listed by Exceed Realty | |||
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Well maintained one story home in desirable Sharpstown subdivision. Home features cozy living room with gaslog fireplace and wood flooring. Large family room area by the entrance with access to formal dining room and kitchen. Nice flow throughout the house. New paint in the bedrooms and shingle roof was replaced recent 4 years. Kitchen has granite counter top. Attractive tray ceilings and light fixtures in the kitchen and formal dining room. Spacious backyard with lovely palm trees and covered outdoor sink great for entertainment or gardening. Long drive way leading to detached garage gives plenty of parking space. Conveniently located near Beltway 8, Westwood Golf Club, park, and local supermarkets. Easy access to Galleria and Medical Center, I-69 and Westpark Tollway. Furniture is negotiable with the sale. Home is never flooded.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017