2309 Village CIR
About This Property
A gracious chef's kitchen that overflows with natural light. With plentiful custom cabinetry, stone countertops, stainless appliances, and an eat in breakfast nook with open shelving. A modern dining room with a Brendan Ravenhill pendant leads to an open living room with tall ceilings and open communication with the kitchen . Sliding doors that spill onto a large covered patio overlooking a flat and open backyard oasis ideal for year round enjoyment. A master suite with dual vanities, walk in shower, and a closet the size of a 4th bedroom! Two additional bedrooms, a guest bath, and large laundry room all arranged along a gracious hallway complete the bedroom wing of the house.
The list of updates that you can't see include spray foam insulation, new roof, new hvac, new drywall with a level 5 finish, new plumbing and electrical throughout and a sprinkler system in the backyard.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Nov 4, 2024 | In contract | - | |
| In contract | |||
| Oct 10, 2024 | Price Decreased |
$939,000
↓ $40K
(4.1%) | |
| Price Decreased | |||
| Sep 26, 2024 | Listed by Compass RE Texas, LLC | $979,000 | |
| Listed by Compass RE Texas, LLC | |||
| Jan 30, 2021 | No longer available | - | |
| No longer available | |||
| Jan 10, 2021 | Relisted | $285,000 | |
| Relisted | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017