9945 Cassowary 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%.
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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 7, 2021 | Sold | ||
| Sold | |||
| Feb 26, 2021 | Listed by RE/MAX Distinction | $265,000 | |
| Listed by RE/MAX Distinction | |||
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Amazing 1.5 story home in the very popular Montgomery Creek Ranch subdivision zoned to the exemplary Conroe ISD! This 4-bedroom home features a huge family room with beautiful corner gaslog fireplace and built-in desk area, wonderful kitchen with breakfast bar and breakfast room, large formal dining room with large window letting in lots of natural light, oversized primary suite with sitting area, double vanity primary bath with shower and separate tub and large walk-in closet! Secondary bedrooms are all very spacious, all have large walk-in closets and are all on the first floor. Huge gameroom and storage closet upstairs. Ideal covered back patio perfect for entertaining! This home also features PEX piping so none of the pipes burst during our recent snowstorm!
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| May 21, 2020 | Sold | ||
| Sold | |||
| Apr 8, 2020 | Listed by Keller Williams Realty | $245,000 | |
| Listed by Keller Williams Realty | |||
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Meticulously maintained 4/2/2 in beautiful Montgomery Creek Ranch with highly rated CISD schools! Close to Interstate and shopping! Open floor plan with high ceilings, formal dining room, large kitchen with stainless appliances, breakfast nook, beautiful cabinetry, decor colors and fixtures throughout, fireplace in family room, large master suite w/private bath, all secondary bedrooms downstairs with large game-room and great storage closet upstairs! Covered patio with nice backyard!
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About Montgomery Creek Ranch
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Last Updated: 5 months ago
Data Source: HAR , MLS# 63865572
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017