11218 Desert Springs Circle
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 |
|---|---|---|---|
| Sep 8, 2022 | Sold | ||
| Sold | |||
| Aug 9, 2022 | Listed by eXp Realty, LLC | $396,000 | |
| Listed by eXp Realty, LLC | |||
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Beautiful home with many recent upgrades and improvements on a quiet street with a pool and no back neighbors. This home has been well taken care of and is in excellent condition. Down stairs you have the primary suite, living room, kitchen with breakfast nook, formal dining, and a 1/2 bath. Upstairs has nice size bedrooms, the 2nd full bath, a large game room, and a view of the pool and open space behind the home. Recent upgrades and improvements include the remodeled kitchen, tile floors, carpet, entire HVAC system, storm doors on front and back, solar screens on east side of home, fencing, and hot water heater is brand new. Plus, exterior of the home was just sealed and painted and roof is only 4 years old. With restaurants, shopping, Towne Lake, and Houston National Golf Course all near by, this home is close to anything you could want. Schedule to tour this gem today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017