1615 Royal Ascot DR
About This Property
The primary bedroom is a peaceful retreat, situated to overlook the private back yard. The adjoining bathroom is a practical haven, featuring a garden tub, separate shower, and a spacious walk-in closet for added convenience.
The living room is centered around a wood-burning fireplace with a gas starter, providing a warm and cozy focal point. The kitchen is designed for functionality, offering ample workspace, a pantry, a gas range, and a sunny breakfast nook.
Step outside to the back yard, where an extended covered porch invites you to enjoy the outdoors. Take in the view of the field beyond, offering a sense of calm and openness. Across the street, a generous park with a playground and basketball court adds an extra layer of community charm.
House is clean and move-in ready with room to renovate to make it your own.
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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 |
|---|---|---|---|
| Nov 24, 2023 | Listed by Compass RE Texas, LLC | $290,000 | |
| Listed by Compass RE Texas, LLC | |||
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About Ridge at Steeds Crossing
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Listed Office: Compass RE Texas, LLC - Listing courtesy of Unlock MLS
Phone: (512) 575-3644
Last Updated: 2024-02-06 05:02:15
Data Source: Unlock MLS, MLS# ACT4663336
Based on information from Unlock MLS (alternatively, from ACTRIS). Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some IDX listings have been excluded from this website.
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