18007 Alora Springs Trace
About This Property
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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 |
|---|---|---|---|
| Jul 22, 2025 | Sold | ||
| Sold | |||
| Jun 29, 2025 | In contract | - | |
| In contract | |||
| May 20, 2025 | Price Decreased |
$339,999
↓ $8K
(2.3%) | |
| Price Decreased | |||
| Apr 29, 2025 | Listed by eXp Realty LLC | $348,000 | |
| Listed by eXp Realty LLC | |||
| Oct 23, 2024 | Listed by TexasRenters.com, LLC | $350,000 | |
| Listed by TexasRenters.com, LLC | |||
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Welcome to this 3-bedroom home in the Alder Trails community. The home is located close to the elementary school and shopping destinations. The home has a stone exterior and neutral colors. When walking into the home you are greeted by a hallway leading to a rotunda foyer. The secondary bedrooms are to the hallway to the left of the entrance. There is an office located in the foyer with French doors that can be used as an additional bedroom or a media room. The kitchen and living room have an open floor plan. There is a kitchen island overlooking into the Living room. The kitchen also has granite countertops and lots of cabinets for storage. There are large windows in the living room allowing for natural light as well as a perfect view of the backyard for families. In the primary bedroom there are vaulted ceilings with bay windows. The en-suite bathroom has double vanity and a large walk-in closet. There is also a low maintenance backyard.
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About Harris
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017