29627 Ashvale
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 |
|---|---|---|---|
| Jun 27, 2022 | Sold | ||
| Sold | |||
| May 22, 2022 | Listed by RE/MAX Northwest, REALTORS | $220,000 | |
| Listed by RE/MAX Northwest, REALTORS | |||
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Check out this spacious 4/3 home in Inverness Crossing subdivision. This place is move-in ready. Located in desirable Magnolia Texas, this home is just a stone’s throw from Hwy 249 and FM 1488. This home sits on two huge lots measuring over ¾ of an acre combined! Features include recent carpet & laminate flooring throughout, fresh paint throughout, 2” faux window blinds already throughout, centrally located fireplace. The HVAC system and roof were all installed in 2018; HVAC ducts were just recently done. Everyone will enjoy the convenience of a 20'x8' covered front porch. This huge ¾ acre lot gives you lots of options for future expansion or projects too. Call & make an appointment to see this home today!
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About Inverness Crossing
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$3,650 /mo
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$8,900 /mo
- 5 Beds
- 5 Baths
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017