3753 Rams Horn WAY
About This Property
The kitchen itself is a chef's dream, complete with a breakfast bar and ample cabinet space. The master bedroom boasts a tray ceiling adding architectural interest and creating a cozy, intimate atmosphere. Indulge in a relaxing jacuzzi bath in the separate tub or refresh in the standalone shower. The master also features two walk-in closets, providing plenty of storage space. Need a quiet space to work or study? The home also includes a separate study with elegant French doors, perfect for remote work or online learning. The attention to detail in this home is evident, with crown molding in the dining room, study, and one of the secondary bedrooms, adding an elegant touch to these spaces.
If you love to entertain or enjoy outdoor living, you will fall in love with the large deck in the backyard, perfect for hosting summer barbeques or simply relaxing with a book. And with the home backing to a drainage easement, you can enjoy added privacy and a peaceful atmosphere.
One of the best aspects of this home is its location. It's just a stone's throw away from the fantastic outlet mall and a variety of shopping options, so you'll never run out of things to do.
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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 |
|---|---|---|---|
| May 10, 2024 | In contract | - | |
| In contract | |||
| Apr 17, 2024 | Price Decreased |
$410,000
↓ $15K
(3.5%) | |
| Price Decreased | |||
| Apr 6, 2024 | Price Decreased |
$425,000
↓ $3K
(0.6%) | |
| Price Decreased | |||
| Mar 21, 2024 | Price Decreased |
$427,500
↓ $3K
(0.6%) | |
| Price Decreased | |||
| Feb 2, 2024 | Listed by Own Texas Property | $430,000 | |
| Listed by Own Texas Property | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017