11111 Freedom Way
About This Property
Charming single-story residence ideally situated near numerous amenities within the Keller ISD area. Boasting three bedrooms and one bathroom, this abode showcases an inviting open layout highlighted by a snug fireplace and functional kitchen. Enhanced with vinyl plank wood flooring, updated neutral paint on the entire interior and Exterior of the home, new lighting, and hardware, along with brand-new oven and cooktop range installations. Outside, a spacious backyard awaits with an open concrete patio, offering a canvas for personalization into a serene retreat. The property is adorned with mature trees, adding both shade and picturesque appeal. This home is just waiting for a new buyer to personalize and might require some additional work but provides a good start with some of the recent updates that have been completed. Desirable schools and location close to so many amenities.
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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 |
|---|---|---|---|
| Jun 27, 2024 | Sold | ||
| Sold | |||
| Jun 7, 2024 | In contract | - | |
| In contract | |||
| Jun 3, 2024 | Price Decreased |
$195,000
↓ $10K
(4.9%) | |
| Price Decreased | |||
| May 16, 2024 | Relisted | $204,999 | |
| Relisted | |||
| May 10, 2024 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017