278 LANTANA CERRO
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%.
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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 |
|---|---|---|---|
| Aug 12, 2020 | No longer available | - | |
| No longer available | |||
| Jul 2, 2020 | Listed | $499,000 | |
| Listed | |||
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Gorgeous 4 bedroom 3 full bath Farmhouse located on 1.26 acres in sought after Lantana Ridge. This home is in meticulous shape having only been lived in for 12 months! Beautiful office off the entry with awesome sliding barn door, open formal dining and of course a gorgeous open concept kitchen. The kitchen boasts GE Profile appliances and is plumbed for a gas range! Tons of cabinet space throughout the kitchen and home offer ample storage including a large walk in pantry. The large master suite off the breakfast room offers ample space, an incredible spa-like bathroom and large walk in closet. In addition to the master bedroom the home offers 1 bedroom and a full bath separate from the additional two bedrooms offering a great guest suite or game room! Enjoy the large backyard with plenty of space for all your family activities. Don't miss out on this awesome home located in an incredible area of Texas! The manager has listed the unit size as 2741 square feet.
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| May 5, 2019 | No longer available | - | |
| No longer available | |||
| Mar 12, 2019 | Listed | $470,000 | |
| Listed | |||
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No City Taxes, Under Construction, 2019 Completion. Open floor plan, 10'-13' high ceilings in master bedroom, kitchen and entry. 8' doors through out home. Solid surface countertops, quartz. Stainless Steel GE Profile appliances, pre-plumbed for gas grill at outdoor patio. Pre-plumbed for future water softener. Security system, underground utilities, 1 acre lot w/mature trees. The manager has listed the unit size as 2750 square feet.
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| Mar 23, 2018 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017