1600 Keystone Drive
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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 |
|---|---|---|---|
| Feb 14, 2022 | Sold | ||
| Sold | |||
| Jan 11, 2022 | Listed by Coldwell Banker Realty | $425,000 | |
| Listed by Coldwell Banker Realty | |||
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Rare opportunity in Friendswood. 5 bed/3.5 bath/3 car oversize garage with large pool sized backyard. Primary bedroom downstairs. High ceilings and new flooring throughout. Large game room upstairs. All secondary bedrooms are large in size and Jack and Jill baths. Updated family style kitchen open to den featuring granite countertops with tumbled marble backsplash and white custom cabinets. Recently updated stainless steel appliances. Nice size pantry, breakfast bar, and large island. 2 inch faux wood blinds throughout and updated light fixtures throughout home. Recent interior and exterior paint. Updated double pane low-E windows. Great location next to shopping and dining in Friendswood schools.
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About Keystone Meadows
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017