1215 Ruby Lea Lane
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 |
|---|---|---|---|
| May 15, 2023 | Sold | ||
| Sold | |||
| Mar 23, 2023 | Listed by JPAR Fort Worth | $949,999 | |
| Listed by JPAR Fort Worth | |||
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INCREDIBLE VISTA RANCH HOME on large lot of 1.4 acres. Gorgeous lot with sweeping country views! Pride of ownership shows with immaculate maintenance, thoughtful updates & beautiful landscaping. Fantastic open concept floor plan with amazing views of the pool and backyard and PICKLEBALL COURT. Multiple living areas, Chef's dream kitchen, dining room, study, large split bedrooms with walk in closets, large utility room, plentiful storage throughout & three car garage. Upgrades galore including A WHOLE HOUSE GENERATOR that runs off of a 250 gallon propane tank. Can power the house fully for days at a time if needed. Upstairs Media room and Game Room or can even be utilized as a 6th Bedroom! Relax & enjoy the beauty of the outdoors in the 7 seater HOT TUB INCLUDED. This home is an entertainers DREAM. Well water, so no water bills! Unincorporated Tarrant county, so no city taxes!
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| Oct 8, 2020 | Sold | ||
| Sold | |||
| Jul 16, 2020 | Listed by Berkshire HathawayHS Worldwide | $629,850 | |
| Listed by Berkshire HathawayHS Worldwide | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017