18 Hallmark Drive
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 14, 2023 | Sold | ||
| Sold | |||
| Jun 30, 2023 | Listed by Inspired Realty & Co. | $350,000 | |
| Listed by Inspired Realty & Co. | |||
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Tucked away on a pleasant street, this 3 bedroom, 2 bath home is just minutes to the oasis of Lake Conroe. You'll enjoy spectacular views of the golf course-located on the 14th hole. Stepping inside, comforting features will make you instantly feel at home. The gas, living room fireplace inspires gathering & conversation. A chef's dream is found in the recently updated U-shaped kitchen & features ample counter space, sparkling cabinets, double ovens & beverage fridge. The primary bedroom is a hideaway of spacious respite from the day. Ensuite with dual sinks & tub/shower combo complete the primary bathroom. A circular driveway makes for a stylish welcome, and is connected to an attached two-car garage with double-sided garage doors. Enjoy your evenings on the back wood deck - grilling or relaxing under the starry sky. Don't miss the storage/craft room in the garage - if desired, this area can be converted back into a golf cart garage. Panorama perfection awaits its new owners.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017