2400 Westheimer Road
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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%.
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 |
|---|---|---|---|
| Mar 10, 2025 | Sold | ||
| Sold | |||
| Feb 24, 2025 | In contract | - | |
| In contract | |||
| Feb 3, 2025 | Price Decreased |
$320,000
↓ $50K
(13.5%) | |
| Price Decreased | |||
| Oct 15, 2024 | Listed by Local Realty Agency | $370,000 | |
| Listed by Local Realty Agency | |||
| | |||
|
Located perfectly with easy access to Nelsen Elementary, Teasley Lane, I-35E, I-35W, HWY 377, Grapevine Lake, Lewisville Lake, shopping, dining, and so much more! Are you looking for a big back yard space? This home is on a corner lot so there is an abundance of yard for you or your pets to enjoy. Plenty of room for a pool or just for entertaining! This home boasts an owners suite large enough for a sitting area, and any furniture you may need. Both the 2nd & 3rd bedrooms come with the convenience of walk-in closets. The 2 car garage has an additional oversized space that offers lots of room for storage, or possibly a golf cart or ATV. Enjoy relaxing in the main living area while experiencing the nice warm fire in the decorative fireplace. On warm summer days relax and feel the fresh air while under the cover of the rear patio. This one is a must see, and it will not last long. Schedule your private tour today.
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| Jun 23, 2021 | Sold | ||
| Sold | |||
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About Summit Oaks
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017