3218 Serein Meadows Drive
About This Property
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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.
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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 23, 2024 | Sold | ||
| Sold | |||
| Jul 24, 2024 | In contract | - | |
| In contract | |||
| Jul 5, 2024 | Listed by Texas Key Holders Real Estate | $427,000 | |
| Listed by Texas Key Holders Real Estate | |||
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Welcome to this stunning corner lot home in an exclusive guard-gated community! Construction began in 2008 and was completed in 2015. This residence features a grand entry, a spacious foyer, and 2-story high ceilings with elegant arches. Large windows provide abundant natural light. A large study with French doors, and a family room with vaulted ceilings. The island kitchen, with upgraded maple cabinets and granite counters, also boasts 2-story ceilings. The master suite includes a bay window, a bathroom with double walk-in closets, a whirlpool tub, and a separate shower. Upstairs, a massive game room offers endless entertainment possibilities, and the large secondary bedrooms provide plenty of comfort. Additional features include a tech shield for energy efficiency. The home is within walking distance to the pool and splash pad. The community features lakes, walking trails, and is close to The Woodlands.
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About Canyon Lakes at Legends Ranch
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017