28902 FAIRS GATE
About This Property
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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.
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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 |
|---|---|---|---|
| Apr 3, 2024 | Sold | ||
| Sold | |||
| Feb 26, 2024 | In contract | - | |
| In contract | |||
| Feb 8, 2024 | Listed by Compass RE Texas, LLC | $735,000 | |
| Listed by Compass RE Texas, LLC | |||
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Welcome to luxury living in the heart of the hill country, nestled on a coveted corner lot within the prestigious, gated Front Gate community. This pristine 2-story home boasts 3,354 square feet of meticulously designed space, featuring 4 bedrooms, 3.5 bathrooms, a study, game room, media room, pool, and a 3-car garage. Step inside and be greeted by high ceilings, abundant natural light, modern fixtures, and stunning hardwood flooring throughout the main floor. The home office with french doors and oversized built in shelves provides a quiet retreat, while two dining areas offer ample space for entertaining. Relax in the spacious living room by the gas log fireplace or gather around the chef's kitchen, complete with a large center island, breakfast bar, white cabinetry, quartz countertops, a walk-in pantry, and high-end stainless-steel appliances. The primary suite, conveniently located on the main floor, offers vaulted ceilings, a spacious walk-in closet, private bath featuring separate vanities, a soaking tub, and walk-in shower. The main floor also includes a secondary bedroom and bath, ideal for guests or multi-generational living. Upstairs, discover two additional bedrooms, a guest bathroom, a game room/loft, and dedicated media room. Outside, the covered patio overlooks a sparkling designer Keith Zar's heated pool, providing the perfect setting for outdoor relaxation and entertainment. Residents of Front Gate enjoy access to great community amenities, including several parks, 10 miles of walking trails, and the prestigious Fair Oaks Ranch Golf and Country Club. Experience the epitome of hill country living in this stunning retreat. Schedule a showing today!
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| Dec 19, 2022 | Sold | ||
| Sold | |||
| Aug 3, 2022 | Listed by RE/MAX Associates | $694,000 | |
| Listed by RE/MAX Associates | |||
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Corner lot, Front Gate at Fair Oaks Highland Homes former model with Keith Zars inground heated pool with sundeck! Hard to find floor plan with primary and another bedroom downstairs, a dedicated study downstairs, cathedral ceilings, open floor plan and formal dining room. Generous walk in primary closet off the spa like bath with tub and walk in shower separated along with dual vanities. Upstairs boasts expansive game room, media room additional bedrooms. Enjoy entertaining in your back yard complete with covered patio and pool. Ready for new owners!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017