12306 High Tree Trail
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%.
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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 |
|---|---|---|---|
| Jun 30, 2023 | Sold | ||
| Sold | |||
| Jun 8, 2023 | Listed by BuyBroker | $314,900 | |
| Listed by BuyBroker | |||
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This home is a must see! Immaculately maintained one story 3 bed brick home in the quiet, coveted College Place subdivision. Located just minutes from 45 and the tollway, makes for an ideal location whatever your commute. Before you even step inside you'll notice the meticulous care that's been taken by the well manicured lawn and landscaping. Inside you'll find high ceilings with an open concept floor plan. Flex room in the front. Granite countertops with an island kitchen overlooking the living area with gas fireplace. Built in designated office area. Primary bedroom features 2 closets, whirlpool tub, walk in tile shower. Last but certainly not least is the HUGE custom back patio with a fully covered pergola and large firepit for all your gatherings. Sprinkler system. Sitting up high and dry this home has never flooded, never had pipes freeze, and it is connected to the Memorial Herman Southeast Hospital grid so when most lost power, they did not! Measurements approx to be verified
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Property Highlights
Building Info
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Price/ft²
Listed On
Sold On
About Southbelt - Ellington
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017