1118 Modesto 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 |
|---|---|---|---|
| Nov 14, 2023 | Sold | ||
| Sold | |||
| Oct 5, 2023 | Listed by Keller Williams Hou Preferred | $278,000 | |
| Listed by Keller Williams Hou Preferred | |||
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Welcome to your new home in the picturesque Glendale Lakes neighborhood! This 2021-built residence boasts 3 bedrooms, 2 bathrooms, and 1,477 square feet of stylish living space. These 3 spacious bedrooms offer ample space for growing or home office setup. The heart of this home is the Briscoe kitchen island with pristine cotton white quartz countertops, perfect for meal prep and entertaining. The open-concept living and dining areas are flooded with natural light, creating a welcoming atmosphere for gatherings and relaxation. Enjoy the beauty and durability of engineered vinyl plank flooring. This home is a modern gem with the latest in design and technology with energy efficiency in mind, helping you save on utility costs and reduce your environmental footprint. You'll enjoy the tranquility of a suburban community while still being conveniently close to schools, parks, and shopping. This is your opportunity to own a turn-key home with all the modern amenities you desire.
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| Apr 23, 2021 | Sold | ||
| Sold | |||
| Oct 29, 2020 | Listed by Meritage Homes Realty | $239,995 | |
| Listed by Meritage Homes Realty | |||
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Brand NEW energy-efficient home ready NOW! Prepare dinner at the Briscoe convenient kitchen island without missing the conversation in the adjacent great room. Slate cabinets with (cotton white quartz countertops, cool grey EVP flooring and multi-tone tweed carpet in our Sleek package. Located in the acclaimed Fort Bend ISD, Glendale Lakes is nestled in Rosharon with great access to nearby dining, entertainment and retail with major employment centers such as the Houston Medical Center, Galleria and Hobby Airport all just a short drive away. With an onsite elementary school, you'll relax knowing the kids don't have to travel far. Known for their energy efficiency features, our homes help you live a healthier & quieter lifestyle while saving thousands of dollars on utility bills.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017