18538 Ariat 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%.
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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 |
|---|---|---|---|
| Mar 31, 2021 | Sold | ||
| Sold | |||
| Feb 6, 2021 | Listed by United Real Estate | $309,900 | |
| Listed by United Real Estate | |||
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Exceptional WATERFRONT Home on a corner lot in the sought after community of Hayden Lakes. This gorgeous home is move in ready and you'll love the open and bright floor plan with water views. A chef's delight kitchen with granite counter tops, gas cooking, glass backsplash, and a breakfast bar/island. Spacious primary bedroom, en-suite bath includes double sinks, garden tub, seamless glass shower and large walk in closet. Upstairs you will find 2 additonal spacious bedrooms, gameroom and a full bath. Oversized covered back patio overlooks lake, with plenty of space for entertaining. Hayden Lakes amenities include a pavilion, dog park, community pool, walking paths, playground and catch & release fishing in the neighborhood lakes. Highly acclaimed Tomball ISD, low tax rate and conveniently located with easy access to 249 and 99 for an easy commute.
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About Harris
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017