3202 Explorer Cove
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 |
|---|---|---|---|
| Oct 13, 2020 | Sold | ||
| Sold | |||
| Aug 21, 2020 | Listed by Realty Associates | $388,000 | |
| Listed by Realty Associates | |||
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In the heart of First Colony you will find this absolute gem nestled on a large cul-de-sac lot; this stately home will win you over the moment you pull into the driveway. Your verdant backyard has been carefully landscaped to create a lush green space that is the perfect entertainment area for your summer celebrations. Inside you will find open and updated living space with beautiful wood look tile floor. The fireplace provides warmth or ambiance on demand. Huge windows fill your home with cheerful sunshine. Your kitchen offers new quartz countertop and tile back-splash, a new gas range, and excellent cabinetry, as well as a design that makes creating your favorite meals a breeze. Relax in the separate Jacuzzi tub in your master bath. Community amenities including trails, lake overlooks, tennis, pools, and more. You’ll have access to the excellent Fort Bend Schools and a short distance from Hwy 6, restaurants, and everyday shopping. Check out the 3D Virtual Tour!!!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017