12701 Aries Loop
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 |
|---|---|---|---|
| Jul 8, 2022 | Sold | ||
| Sold | |||
| Dec 21, 2021 | Listed by Keller Williams Advtge Realty | $800,000 | |
| Listed by Keller Williams Advtge Realty | |||
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A private driveway lined with trees leads you into this over 5 acre property that has loads of natural landscaping (pond, waterfall, arbors). Although the portion of the property around the house is cleared, there are enough trees on the rest of the property to block you from the view of neighbors. There are paths through the woods. This is in the separate gated Estates section of Point Aquarius. The house boasts hardwood floors, a curved stairway, a soaring ceiling in the family room, a raised granite hearth fireplace with large built-ins on either side, and spectacular trim work are just a few of the highlights of the house. Although you could just escape to this oasis, Lake Conroe, a community pool, tennis courts, and more are in the subdivision. A boat slip may be available at the marina for a fee. Make this idyllic estate your forever home.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017