27015 Monterey Bend Lane
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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 |
|---|---|---|---|
| Jul 15, 2024 | Sold | ||
| Sold | |||
| Jun 6, 2024 | In contract | - | |
| In contract | |||
| May 31, 2024 | Listed by 5 Star Tracy Property Group LLC | $569,999 | |
| Listed by 5 Star Tracy Property Group LLC | |||
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Retreat to this lovely remodeled home in Cinco Ranch Southwest. This David Weekley 1 story home features 2 primary suites, 2 en-suite bathrooms, a half bathroom, study (possible 3rd bedroom), and 2 car garage. Enter through the gated courtyard with gas log fireplace and brand new hot tub. A lovely formal entry awaits with formal dining off to the right. The formal dining features built-ins and decorative moldings. Open to the family and dining is a chef's dream kitchen with large island, Cambria Quartz countertops, custom cabinetry, designer backsplash, stainless steel appliances, under cabinet and pendant lighting. The home is an open layout with 4" solid black walnut wood flooring throughout the main living areas and large windows to allow for lots of natural light. 2 primary suites await. Both en-suites have oversized showers and separate soaking tubs. Enjoy relaxing evenings under the stars as you sit by your outdoor fireplace or in the brand new hot tub.
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| Mar 10, 2023 | Sold | ||
| Sold | |||
| Oct 5, 2022 | Listed by NICOLE FREER GROUP | $525,000 | |
| Listed by NICOLE FREER GROUP | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017