9515 Tranquil Park 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 |
|---|---|---|---|
| Feb 16, 2024 | Sold | ||
| Sold | |||
| Dec 23, 2023 | In contract | - | |
| In contract | |||
| Dec 1, 2023 | Listed by Messina Properties | $1,100,000 | |
| Listed by Messina Properties | |||
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MUST SEE...Luxury Living at its Finest with over $600K in IMPROVEMENTS! An entertainer's dream home with HUGE REMODELED Kitchen with Thermador Appliances, NEW Sub Zero 48" Built-In Refrigerator, Scotsman Ice Machine, Dolcemite Countertops, 4x8 Island, Soft-Close Custom Cabs & Drawers GALORE, Beautiful 11x9 Wet Bar with Wine Fridge...AND MORE! The Dining Room is currently being used as HER office. Primary Suite is massive with an executive Ensuite Bath. The backyard boasts a pool with water features and spa, firepit, game area, putting green AND an Outdoor Kitchen w/grill, sink, fridge AND a Kegerator!! Large Covered Patio with a Fireplace. 4 Car OVERSIZED Garage w/Pool Bath and a Motor Court! 4 Bedrooms with the Media Room doubling as a 5th bedroom w/King-Size Murphy Bed with Ensuite Bath...Projector, Speaker, Receiver and Screen STAY! Roof (2019), Recent HVACs AND SO MUCH MORE! Located close to Vintage Park, Shopping, Restaurants with easy access to 249, Beltway 8, 99 and IAH.
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About Champion Forest
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017