3505 Arezzo Circle
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 |
|---|---|---|---|
| Jan 26, 2024 | Sold | ||
| Sold | |||
| Dec 19, 2023 | In contract | - | |
| In contract | |||
| Nov 17, 2023 | Listed by Keller Williams Memorial | $326,900 | |
| Listed by Keller Williams Memorial | |||
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Welcome to your dream home in the GATED COMMUNITY of Bella Terra in Friendswood. Zoned to highly rated schools in Clear Creek ISD. This makes for wonderful starter home or downsizing home, brick all around, single story home with 3 spacious bedrooms, formal dining and open kitchen/breakfast/living area. NO CARPET! Detailing includes glass front door, crown molding in primary bedroom and wainscoting in dining room. The open kitchen includes gas-burner stove top, granite countertops, breakfast bar. PEX plumbing throughout the house. This gated neighborhood offers extra peace and tranquility and this home is located directly across one of the four green spaces within the community. Enjoy cool evenings under the extended back patio with connection for speaker and string lights- create your own oasis in the spacious backyard. There are few gated communities in Friendswood, don't miss this opportunity to make this home yours! Schedule your showing appointment today!
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About Friendswood
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017