18506 Fair Grange Lane
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%.
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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.
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 |
|---|---|---|---|
| Aug 15, 2024 | Sold | ||
| Sold | |||
| Jul 23, 2024 | In contract | - | |
| In contract | |||
| Jul 15, 2024 | Listed by NextHome Realty Center | $285,000 | |
| Listed by NextHome Realty Center | |||
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Welcome home! This beautifully maintained 3-bed, 2.5-bath residence boasts a bright and airy interior with a cozy fireplace, featuring luxury vinyl flooring and fresh interior paint as of July 2024. The kitchen is a chef's delight with 42-inch dark maple cabinets, recessed lighting, and stainless steel appliances. Enjoy the spacious game room and large primary suite with a sitting area, along with a primary bath featuring double sinks and a walk-in closet. Energy-efficient radiant barrier and double-pane windows help keep utility costs down. The utility room, located off the garage, offers extra storage. New fencing in the back as of April 2024. Meticulous landscaping enhances curb appeal, and the large paver stone patio provides a perfect spot to relax with no back neighbors. Located in the esteemed Cy-Fair ISD. Don't miss this gem!
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About Westgate
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017