9758 Farrell 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 |
|---|---|---|---|
| Apr 29, 2024 | Sold | ||
| Sold | |||
| Apr 7, 2024 | In contract | - | |
| In contract | |||
| Mar 14, 2024 | Listed by eXp Realty LLC | $260,000 | |
| Listed by eXp Realty LLC | |||
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Welcome home to this wonderfully updated patio home, located in Cypress. Property is situated in a quiet GATED community, conveniently located near Beltway 8 Tollway & FM1960. Every detail of this home has been updated including: NEW A/C unit, completed redesigned kitchen to include a large island with granite top & extra storage, new kitchen cabinetry, new oven, microwave & dishwasher, NEW flooring throughout home - super soft carpet in bedrooms & LVP in main living areas and kitchen/dining. Interior and exterior of home has been freshly painted! Bonus: corner lot adjacent to walking park & playground! All bathrooms have been retiled and granite countertops installed in addition to new faucets and fixtures throughout home! Truly a move-in ready home at an amazing price! All appliances convey with the sale of the home, including washer/dryer! Book your private showing today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017