640 Ross Lane
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 |
|---|---|---|---|
| May 15, 2024 | Sold | ||
| Sold | |||
| Mar 8, 2024 | Listed by Zeal, REALTORS | $625,000 | |
| Listed by Zeal, REALTORS | |||
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Nestled on a serene & sprawling 2ac lot this charming 3-bedroom, 2.5-bath property boasts a bonus room that offers a comfortable guest bedroom, a creative art studio, or home theater. Txt TEXAS9 to 88000 for Virtual Tour. The focal point of the home is the floor to ceiling stone wall see-through fireplace, creating a cozy ambiance in both the living room & sitting area. A functional kitchen with prep island featuring ample storage, pantry, sleek countertops & double ovens for effortless cooking & entertaining. Step outside to a picturesque oasis, complete with a stunning pool accented by a soothing waterfall, perfect for enjoying warm days & hosting gatherings. The outdoor area also includes a cozy firepit with charming sitting area, all wrapped in a wrought iron fence beneath the shade of mature trees. This property seamlessly blends indoor & outdoor living with an oversized covered patio, trimmed in cedar beams. Can be purchased as a 1 acre MLS20543949
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| Feb 25, 2024 | Listed by Zeal, REALTORS | $540,000 | |
| Listed by Zeal, REALTORS | |||
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Nestled on a serene & sprawling 1ac lot this charming 3-bedroom, 2.5 bath home boasts a bonus room that offers a comfortable guest bedroom, a creative art studio, or home theater. Txt TEXAS12 to 88000 for Virtual Tour. The focal point of the home is the floor to ceiling stone wall see-through fireplace, creating a cozy ambiance in both the living room & sitting area. A functional kitchen with prep island featuring ample storage, pantry, sleek countertops & double ovens for effortless cooking & entertaining. Step outside to a picturesque oasis, complete with a stunning pool accented by a soothing waterfall, perfect for warm days & hosting gatherings. The outdoor area also includes a cozy firepit with charming sitting area, all wrapped in a wrought iron fence beneath the shade of mature trees. This property seamlessly blends indoor & outdoor living with an oversized covered patio, trimmed in cedar beams. Want more land? Ask about the adjoining lot for 2ac!
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| Jan 10, 2024 | No longer available | - | |
| No longer available | |||
| Sep 14, 2023 | Listed by Home Team Realty Texas, LLC | $540,000 | |
| Listed by Home Team Realty Texas, LLC | |||
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Immaculate 3 Bed, 2.5 Bath Home on 2 Acres with Diving Pool & Elegant Features!
Discover the epitome of comfort in this 3-bedroom, 2.5-bath home set on a serene 2-acre lot. Step into a haven of elegance and functionality, with wood-look tile flooring that bathes the open floor plan in natural light. A double-sided fireplace connects the formal dining area, creating an inviting ambiance.
The gourmet kitchen is a chef's delight, featuring custom cabinetry, granite countertops, a tile backsplash, island, and pantry. The master suite offers a private retreat with a walk-in shower, dual sinks, and separate walk-in closets. Two bedrooms downstairs share a jack & jill bathroom. Upstairs, a game room and storage space provide versatility.
Outside, a paradise awaits. The landscaped backyard boasts entertainment areas, a fenced-in pool zone, and a storage building. Embrace country living with modern amenities just a stone's throw away. Your dream lifestyle starts here! The manager has listed the unit size as 2472 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017