31731 Wellington Pass
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 |
|---|---|---|---|
| Aug 1, 2025 | Sold | ||
| Sold | |||
| Jun 28, 2025 | In contract | - | |
| In contract | |||
| Jun 23, 2025 | Listed by Martha Turner Sotheby's International Realty | $263,000 | |
| Listed by Martha Turner Sotheby's International Realty | |||
| May 24, 2025 | Listed | $274,500 | |
| Listed | |||
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Thoughtfully designed home in the desirable Polo Ranch community exudes charm & functionality w/ an open-concept layout & plenty of natural light. 3 well-sized bedrooms & 2 full baths, every room has been carefully designed for comfort & style. Step into a living space that seamlessly blends the living, dining & family areas, perfect for hosting gatherings or enjoying a quiet evening. The sleek kitchen is outfitted w/ granite countertops, ample cabinetry & modern fixtures for everyday meals & special occasions. Outside, a covered back patio is ideal for morning coffees, entertaining or relaxed evenings, with plenty of space for gardening, outdoor activities, or future enhancements. This prime location is near Fulshear’s top-rated schools, restaurants & shopping, w/ easy access to major highways. Embrace your new home with a harmonious blend of modern comforts, efficient design & a vibrant community. Schedule your private showing & discover the exceptional lifestyle that awaits.
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| Apr 8, 2025 | Price Decreased |
$275,000
↓ $5K
(1.8%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017