4607 Medrano Trail
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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%.
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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.
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 |
|---|---|---|---|
| Jul 16, 2024 | Sold | ||
| Sold | |||
| Jul 3, 2024 | In contract | - | |
| In contract | |||
| Jun 11, 2024 | Listed by RE/MAX Signature | $325,000 | |
| Listed by RE/MAX Signature | |||
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Nestled in the neighborhood of Westfield Ranch, this charming home on a corner lot features 3 bedrooms and 2 full baths. The heart of the home is the inviting kitchen, with sleek granite countertops, stainless steel appliances, and stylish 42” upper cabinets. Primary suite, where relaxation takes center stage, is complete with an en-suite bathroom, dual vanities, a spacious 36” tub, and a separate shower. Outside, the covered patio if perfect for hosting a barbecue with friends or simply sipping your morning coffee. Residents of Westfield Ranch enjoy a host of amenities, including a playground, splash pad, and sports field. Convenient location off Fry Road and the Grand Parkway, residents have quick access to dining and shopping.
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| Jul 10, 2023 | Sold | ||
| Sold | |||
| Mar 25, 2023 | Listed by NICOLE FREER GROUP | $346,990 | |
| Listed by NICOLE FREER GROUP | |||
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LONG LAKE NEW CONSTRUCTION - Ready for immediate move-in! Welcome home to 4607 Medrano Trail located in the community of Westfield Ranch and zoned to Cy-Fair ISD. This floor plan features 3 bedrooms, 2 full baths, and an attached 2 car garage. You don't want to miss all this gorgeous home has to offer! Call to schedule your showing today!
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Last Updated: 4 months ago
Data Source: HAR , MLS# 94296159
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017