30406 Mesa Valley Drive
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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 |
|---|---|---|---|
| Oct 12, 2021 | Sold | ||
| Sold | |||
| Jul 29, 2021 | Listed by Offerpad Brokerage, LLC | $279,900 | |
| Listed by Offerpad Brokerage, LLC | |||
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VACANT 3 bedroom 2 bathroom home in gated community in Canyon Gate! This open layout home has recently painted interior, new LVP flooring in the dining room and living room, new carpet in the hallway, bedrooms and closets and features high ceilings, updated lighting fixtures, ceiling fans and blinds throughout. Formal dining room off entry foyer. Kitchen features large breakfast bar with ample countertop space, tile backsplash, stainless steel appliances including gas range, microwave and dishwasher, in kitchen dining area and a view to the spacious living room with a wood burning fireplace. The bedroom wing features all 3 bedrooms and full bathroom in hall with a vanity with granite countertop and a freshly resurfaced tub and surrounding tile. The primary bedroom has a walk in closet and en suite bathroom with a large vanity with dual sinks, large soaking tub and separate tile and glass shower. Home in a community with a pool, park and clubhouse and is close to schools and shopping!
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| Jan 27, 2020 | Sold | ||
| Sold | |||
| Dec 27, 2019 | Listed by Texas Home Group, REALTORS | $199,900 | |
| Listed by Texas Home Group, REALTORS | |||
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THIS LOVELY HOME IS PRICED TO SELL! DON'T MISS YOUR CHANCE TO BE THE PROUD NEW OWNER OF THIS FANTASTIC HOME LOCATED NEAR 99, I45. OPEN SPACIOUS LIVING/KITCHEN AREA AND PERFECT FOR ENTERTAINING. GREAT SCHOOLS. PLENTY OF PARKS, SWIMMING ETC IN THIS GREAT SUBDIVISION.
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About Canyon Lakes at Legends Ranch
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Last Updated: 4 months ago
Data Source: HAR , MLS# 48772692
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