121 Hematite LN
About This Property
This home has seen recent updates that add to its appeal. All carpets have been removed and replaced with beautiful wood-look tile flooring, enhancing both aesthetics and ease of maintenance. The baseboards have been completely updated to complement the new flooring. Additionally, the entire home has been freshly painted, giving it a crisp, clean feel. A water softener has also been installed and will be conveying with the property.
As you step inside, you're greeted by a warm and inviting atmosphere, with abundant natural light streaming through the windows, creating an airy ambiance throughout the home. The open-concept layout seamlessly connects the living, dining, and kitchen areas, providing an ideal space for both relaxation and entertainment. The well-appointed kitchen is a chef's delight, featuring sleek appliances, ample cabinetry, and a convenient breakfast bar, making meal preparation a breeze. Whether you're hosting a dinner party or enjoying a casual family meal, this space is sure to inspire your culinary creativity.
Retreat to the tranquil master suite, where comfort meets serenity. Here, you'll find a spacious bedroom, a walk-in closet, and a private en-suite bath, offering a soothing oasis to unwind after a long day. Two additional bedrooms provide versatility and flexibility, perfect for accommodating guests, creating a home office, or crafting a playroom for little ones. A second full bath ensures convenience for family and visitors alike.
Conveniently located in Jarrell, you'll enjoy easy access to a wealth of amenities, including shopping, dining, parks, and more. Plus, with nearby highway access, commuting to surrounding areas is a breeze, making this home the perfect combination of comfort and convenience.
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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 21, 2024 | Withdrawn | - | |
| Withdrawn | |||
| May 31, 2024 | Listed by Spyglass Realty | $274,990 | |
| Listed by Spyglass Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017