18307 Westcave Creek 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 |
|---|---|---|---|
| Mar 2, 2023 | Sold | ||
| Sold | |||
| Jan 17, 2023 | Listed by Texas Premier Realty | $875,000 | |
| Listed by Texas Premier Realty | |||
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Exquisite home located in Towne Lake, award-winning & coveted master-planned community. This 1.5-story estate has a open floor plan with high ceilings & chef's dream kitchen with top of the line Cafe appliances with double ovens, 42 inch 6 burner stove with griddle, wine fridge, farmhouse sink, & convection microwave. Having hardwood floors, a massive laundry room, & walk-in pantry, surround sound in family & media rooms, & 8ft doors throughout. Primary suite has dual master closets, framed mirror vanities, & frameless glass shower with seat, body sprayers, & an ultra-deep tub. Grand space for theater entertainment with bathroom found on 2nd floor. Outdoor oasis has oversized patio with extension, ceiling TV mount, & a wall of windows for indoor/outdoor living. Attic above the garage decked for additional storage & potential 2nd floor expansion. Towne Lake features a lazy river, splash pad, pools, boardwalk, parks/trails, rec. courts, lake use, boating, & A+ rated Cy-Fair ISD!
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| Feb 4, 2022 | Sold | ||
| Sold | |||
| Jan 10, 2022 | Listed by Ravenna Homes | $831,125 | |
| Listed by Ravenna Homes | |||
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**Home is under construction.**
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Last Updated: 6 months ago
Data Source: HAR , MLS# 57632539
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017