2316 Offerande Drive
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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 |
|---|---|---|---|
| Dec 28, 2023 | Sold | ||
| Sold | |||
| Nov 21, 2023 | Listed by Compass RE Texas, LLC | $661,596 | |
| Listed by Compass RE Texas, LLC | |||
| | |||
|
This exquisite home offers a seamless blend of modern sophistication and timeless elegance. The open-concept layout is perfect for both entertaining and everyday living, with a chef's kitchen featuring high-end appliances, custom cabinetry, and a spacious island. The living area is adorned with a cozy fireplace, creating a warm and inviting ambiance for gatherings. The luxurious master suite provides a private sanctuary, complete with a spa-like en-suite bathroom and a generously sized walk-in closet. Additional bedrooms and well-appointed bathrooms ensure comfort and convenience for all. Step outside to discover a sprawling backyard oasis, offering a perfect setting for outdoor relaxation and entertainment. This home is situated in a prime location, just moments away from Aledo's top-rated schools, charming local shops, and scenic parks.
| |||
| Oct 20, 2023 | No longer available | - | |
| No longer available | |||
| Oct 7, 2023 | Price Decreased |
$703,096
↓ $60K
(7.9%) | |
| Price Decreased | |||
| Sep 26, 2023 | Relisted | $763,096 | |
| Relisted | |||
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About Fort Worth
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017