618 MIDWAY CREST
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%.
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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 |
|---|---|---|---|
| Dec 13, 2024 | Sold | ||
| Sold | |||
| Nov 16, 2024 | In contract | - | |
| In contract | |||
| Oct 4, 2024 | Listed by Option One Real Estate | $499,995 | |
| Listed by Option One Real Estate | |||
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Welcome to this beautiful two-story home in the gated community of The Peak at Promontory, located in the heart of Stone Oak. Offering 5 bedrooms, 3.5 baths, and fresh paint throughout, this home is move-in ready! Upon entry, you're welcomed by a formal living area and elegant dining room—perfect for entertaining—along with a convenient half bath for guests. The primary bedroom is on the first floor, featuring a luxurious ensuite with a garden tub, separate shower, dual vanities, and a walk-in closet. The laundry room is also on this level, offering extra space for hanging clothes or adding a fridge/freezer.
The living and dining areas feature beautiful wood floors, high ceilings, and floor-to-ceiling windows that fill the space with natural light, enhanced by a cozy fireplace. The kitchen is ideal for casual meals and gatherings, with granite countertops, a breakfast nook, walk-in pantry, and an adjacent formal dining room.
Upstairs, you'll find a spacious loft/game room, a versatile flex space perfect for a small office or study area, and an additional office currently used as a video/exercise room. Two bedrooms share a Jack-and-Jill bath, while the other two have access to a full adjoining bath. The open floor plan provides stunning views of the foyer and living room, creating a bright, airy atmosphere.
Step outside to the backyard, where mature trees offer shade and privacy—perfect for relaxation. The community offers great amenities like a pool, park, playground, and sports court. Conveniently located near shopping, dining, medical facilities, and top-rated NEISD schools, with easy access to Hwy 281, Loop 1604, and just 15 minutes from the airport. Don’t miss the chance to make this wonderful home yours!
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| Jul 16, 2009 | Sold | ||
| Sold | |||
| Dec 5, 2008 | Listed by Coldwell Banker D'Ann Harper | $249,950 | |
| Listed by Coldwell Banker D'Ann Harper | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017