18530 Inspiration Drive
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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.
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 26, 2024 | Sold | ||
| Sold | |||
| Jun 15, 2024 | In contract | - | |
| In contract | |||
| May 28, 2024 | Listed by Compass RE Texas, LLC - Memorial | $635,000 | |
| Listed by Compass RE Texas, LLC - Memorial | |||
| Aug 30, 2022 | Sold | ||
| Sold | |||
| Jul 14, 2022 | Listed by Texas Power Real Estate | $629,000 | |
| Listed by Texas Power Real Estate | |||
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Stunning home sitting in a magical 'Norman Rockwell' setting. This is such a special neighborhood. This beautiful home backs to a greenbelt. The front porch view is also lovely w/a community park-like setting. This home is just a year old and is clean and better than new with lots of extras. The split floor plan is family friendly and the open concept is perfect. This plan includes a very split floor plan. The 3 car garage with storage is a bonus. Out back you will love the oversized covered patio, landscaping, sprinkler system to keep it all lovely. This home also includes a bonus room up with over 600 sq. ft. & 1/2 bath. Some of the updates include •Schoolhouse Electric lighting fixtures in Kitchen, Dining, Master Bath and Guest Bath.=, Window treatments in all rooms, Front and backyard landscaping, Ceiling fans in bedrooms plus outdoor patio, Saferacks garage storage (96 sq ft), Proslat garage wall storage (64 sq ft) with accessories. Please view the virtual tour & updates/upgrades.
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About Harris
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017