11702 Cedar Form Lane
About This Property
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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 |
|---|---|---|---|
| Sep 13, 2024 | Sold | ||
| Sold | |||
| Aug 1, 2024 | In contract | - | |
| In contract | |||
| Jul 24, 2024 | Listed by Corcoran Genesis | $315,000 | |
| Listed by Corcoran Genesis | |||
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Welcome to 11702 Cedar Form Lane, nestled on a cul-de-sac lot The Meadows community and zoned to Fort Bend ISD. This newly renovated home boasts 3 bedrooms, 2.5 baths, and a 2-car garage. As you step through the front door you are greeted with open-concept floor plan perfect for sophisticated entertaining. The gourmet kitchen is a chef’s dream, featuring white cabinetry, top-of-the-line stainless appliances, and luxurious Quartz countertops. The inviting family room is highlighted by a stunning fireplace, rich wood flooring, and windows that bathe the space in natural light. Retreat to the serene primary suite, where the spa-like bath offers a tub and shower with a custom tile surround. Upstairs, two generously sized secondary bedrooms provide comfort and privacy. Step outside to your private oasis, with a sprawling backyard and no back neighbors. Experience this home virtually with our 3D tour!
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About Meadows Place
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017