26406 Wellington Grove Circle
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%.
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 |
|---|---|---|---|
| Jul 1, 2024 | Sold | ||
| Sold | |||
| Jun 14, 2024 | In contract | - | |
| In contract | |||
| Jun 6, 2024 | Listed by Keller Williams Signature | $400,000 | |
| Listed by Keller Williams Signature | |||
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Step into this stunning 1 story home located in the desirable Cinco Ranch West community. 4 Bedrooms, 2 bathrooms, study, and dining room – this home has it all! Roof is 2 years old, AC is 3 years old, and water heater is 1 year old. The open-concept kitchen boasts granite countertops and a large island. The kitchen opens to the living room, creating the perfect space for entertaining your guests. Enjoy working from home in your private study, located at the front of the home. Step outside to the backyard to enjoy privacy, and a great space for entertainment. Relax under the pergola or sit and hang out with friends along the long stone wall seating area. Located near highly desirable schools, with many amenities, dining, shopping, and entertainment choices!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017