2218 Wild Dunes Circle
About This Property
community of Fairway Manor, all within the heart of Cinco Ranch where location is key! Pool + Spa on Oversized Lot! 3-Car Garage + Carport! Impressive Entrance with Grand Winding Staircase! Formal Living+ Study+ Formal Dining opens to Entry. Spacious Primary Suite with POSH Renovated Bathroom! Oversized Shower w/Body Sprays + Huge Closet w/Built-Ins! Family Room+Kitchen+breakfast have spectacular views of the
backyard! Island Kitchen offers Quartz Counters + Stainless Appliances! Six Burner Range + Built-In Fridge!
Upstairs 4 more bedrooms with Enormous Gameroom! 5th bedroom used as Media Room. Computer Nook with
Built-Ins! Large covered Back Patio & Balcony for outdoor entertaining! Recent updates (Jan 23) includes
wood flooring + both staircases, entire exterior and interior painted. Garage floor and pool decking refinished. New A/Cs in 2022, per Seller. Low Taxes!
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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 |
|---|---|---|---|
| Mar 31, 2023 | Sold | ||
| Sold | |||
| Feb 24, 2023 | Listed by Bernstein Realty, Inc. | $799,000 | |
| Listed by Bernstein Realty, Inc. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017