308 Carrington 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%.
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 |
|---|---|---|---|
| Aug 16, 2024 | Sold | ||
| Sold | |||
| Jul 23, 2024 | In contract | - | |
| In contract | |||
| Jul 10, 2024 | Price Decreased |
$897,000
↓ $33K
(3.5%) | |
| Price Decreased | |||
| Jun 15, 2024 | Price Decreased |
$929,900
↓ $20K
(2.1%) | |
| Price Decreased | |||
| Apr 19, 2024 | Listed by Compass RE Texas, LLC. | $950,000 | |
| Listed by Compass RE Texas, LLC. | |||
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BELOW Appraised Value! GORGEOUS custom one story home located in highly acclaimed Argyle ISD! This stunning home is situated on an oversized .3 acre lot. Flexible floor plan allows for so many options! Could be 3, 4 or 5 bedrooms! Primary bedroom with luxurious bath and huge walk in closet is split from secondary bedrooms. Gourmet kitchen features double oven, huge walk in pantry and oversized island that is open to the family room with cathedral ceilings and fireplace. Utility room includes cabinets and sink and is located next to mudroom. Engineered wood floors! 3 Car garage! Enjoy evenings out back in your sparkling pool with huge covered cabana and expanded patio! This is where you will enjoy evenings and weekends with friends and family for relaxing with some tunes or fun pool activities! This entertainers dream pool and patio was thoughtfully built with room for several conversation areas...you will not be disappointed! There is even a grassy areas for kids and pets!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017