9807 Primrose Park Lane
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 8, 2024 | Sold | ||
| Sold | |||
| Mar 12, 2024 | In contract | - | |
| In contract | |||
| Mar 1, 2024 | Price Decreased |
$589,000
↓ $36K
(5.7%) | |
| Price Decreased | |||
| Feb 23, 2024 | Price Increased |
$624,900
↑ $36K
(6.1%) | |
| Price Increased | |||
| Feb 4, 2024 | Listed by RE/MAX Fine Properties | $589,000 | |
| Listed by RE/MAX Fine Properties | |||
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Nestled in the serene 55+ Heritage section of Towne Lake in Cypress, TX, this one-story lakeside haven embodies tranquility & luxury. Boasting 3 bedrooms, including a versatile optional study, this meticulously crafted home features hardwood floors that grace every corner. The open concept seamlessly integrates a thoughtfully reconstructed fireplace, now adorned with exquisite tile & warm wood mantle. The kitchen features modern blue cabinets, brass hardware, pristine quartz counters, new sink, fixture & disposal. Updated LED lights, fixtures and paint throughout enhance the overall ambiance. The primary bedroom serves as a true retreat. The ensuite bathroom is a sanctuary of relaxation. Step outside to the outdoor covered patio, with recent extension overlooking the lake. No neighbors on one side with access to shared pavilion & boat dock. Breathe in the tranquility & relish the view, making every day a vacation in this meticulously updated lakeside abode in the heart of Towne Lake.
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About Harris
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017