18 Farington Way
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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.
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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 10, 2025 | Sold | ||
| Sold | |||
| Jan 24, 2025 | In contract | - | |
| In contract | |||
| Jan 21, 2025 | Listed by Keller Williams Realty The Woodlands | $1,990,000 | |
| Listed by Keller Williams Realty The Woodlands | |||
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Situated in a prominent corner lot, this meticulously renovated Hacienda-inspired home is nestled in the exclusive Provence enclave of Carlton Woods. The unique custom design showcases hand-painted tiles from Puebla, Mexico, stacked stone accents, Saltillo tiles, and stunning beamed ceilings. Many updates include stunning light fixtures, sleek marble counters, subzero/Viking appliances, an outdoor built-in Memphis grill, surround sound speakers, Trane clean air effects, air cleaners, all-new landscaping, and many more updates. Enjoy the exquisite wine closet, a drinking room/game room, cozy study, and a separate dining room. The home boasts a guest suite downstairs and three bedrooms upstairs, including the primary suite. The expansive open-concept family room offers a large area to watch TV with breathtaking views of the private resort-style backyard, complete with a pool/spa, covered patio, and outdoor kitchen. Zoned to Tough, McCullough, and The Woodlands High School!
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| Jun 9, 2021 | Sold | ||
| Sold | |||
| Aug 20, 2020 | Listed by Melder Real Estate | $990,000 | |
| Listed by Melder Real Estate | |||
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This Hacienda inspired home in the enclave of Provence in Carlton Woods, built by Aldo Novi on an impressive corner lot. Enjoy this one of a kind custom home featuring hand painted tile imported from Puebla, Mexico, stacked stone, Saltillo tile and beautiful beamed ceilings throughout. The gourmet island kitchen is equipped with blue enamel Viking appliances, siltstone counters ,double ovens, convection, 4 gas burners, griddle & grill, pot filler too! The sunny breakfast rm; both formals; den w/gaslog FP; private study; 1 bedroom suite down; master (3 total) up; The huge open concept family room has a stacked stone wall, gleaming wood floors, splendid/view of a resort style yard w/fabulous pool, spa, covered patio & summer kitchen surrounded by tall privacy hedges. Upstairs corridor, elevator shaft to the left. Both shafts are currently with custom cabinetry and are being utilized for storage closets. Zoned to Tough, McCullough & The Woodlands HS.
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About The Woodlands
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017