400 Garrett Circle
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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 |
|---|---|---|---|
| Jun 16, 2023 | No longer available | - | |
| No longer available | |||
| Jun 14, 2023 | Sold | ||
| Sold | |||
| Apr 8, 2023 | In contract | - | |
| In contract | |||
| Apr 1, 2023 | Listed by eXp Realty, LLC | $219,000 | |
| Listed by eXp Realty, LLC | |||
| | |||
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If you have been dreaming of a new home.....a BRAND NEW CONSTRUCTION...then look at this! A brand new 3 bedroom, 2bath home with a great open floor plan and outstanding design and finishes. Vinyl Plank flooring throughout, stainless appliances, granite in kitchen AND baths and stylish fixtures. This home is on a corner lot and the curb appeal is just so pretty! The price includes a fenced yard, sod and sidewalk. If all of this is not enough, the home qualifies for the HOPP program which is no money down, no survey required and no PMI. It also qualifies for USDA FINANCING. Garrett Estates is just 15 minutes from Lindale and 20 minutes to Tyler. Estimated completion date is May 31, 2023. The manager has listed the unit size as 1200 square feet.
| |||
| Mar 1, 2023 | Listed by eXp Realty LLC | $219,000 | |
| Listed by eXp Realty LLC | |||
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Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20292568
Details provided by NTREIS and may not match the public record
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