9807 Garnet Grove 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 |
|---|---|---|---|
| Dec 1, 2023 | Sold | ||
| Sold | |||
| Sep 8, 2023 | Listed by The Haas Real Estate Group | $255,000 | |
| Listed by The Haas Real Estate Group | |||
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Embrace lakeside luxury in this 3-bed, 2-bath gem, perfectly nestled in Sterling Lakes West, a gated community in Iowa Colony, Texas. Listed at an unbeatable $260,000, this home boasts an open-concept living space, modern kitchen with high-end finishes, and a master suite that's a retreat unto itself. Step into your backyard to enjoy breathtaking lake views, perfect for morning coffees and sunset barbecues. With quick access to Highway 288, your commute to Houston is a breeze. Don't miss this rare opportunity for a serene, secure, and convenient living—schedule your viewing today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017