1300 Clegg Street
About This Property
Welcome home to this beautiful 4-bedroom, 2-bathroom home on a spacious corner lot in the wonderful, growing community of Howe. This property is conveniently located in close proximity to Summit Hill Elementary School, is in a perfect location for easy access to US Hwy 75 and has NO HOA fees! The master bedroom suite is separated from the other bedrooms for added privacy, features a spacious walk-in closet and garden tub to relax and soak in. The fourth bedroom features French doors and could be utilized as an office. The backdoor features a doggy door for those who need quick access to the backyard for their fur babies. The home also features new stone flooring in the entry way, kitchen, and living area, faux wood blinds, and has double hung windows with each of the windows having alarms on them for an added security feature. The refrigerator will stay with the property. This property is a must see as it has one of the largest lots in the subdivision.
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Cap Rate Calculator
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 5, 2023 | Sold | ||
| Sold | |||
| Apr 12, 2023 | Listed by Keller Williams Frisco Stars | $299,900 | |
| Listed by Keller Williams Frisco Stars | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017