7118 Argonne Trail
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 |
|---|---|---|---|
| Mar 21, 2022 | Sold | ||
| Sold | |||
| Jan 26, 2022 | Listed by eXp Realty, LLC | $587,000 | |
| Listed by eXp Realty, LLC | |||
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You are going to love this brick and stone home with handsome double entry doors and covered entry. High ceilings, wood floors and open floor plan welcome you. The large study is perfect for working from home. The massive gourmet kitchen has stainless steel appliances, Beechwood cabinets, with a large center island opening to your breakfast area and family room/den. The primary bedroom has high ceilings, crown molding, an amazing walk-in closet, dual vanities, spa tub and separate shower. There is another secondary bedroom/bathroom on the main floor for that perfect guest suite. Upstairs areas of this home were barely lived in. The fenced yard is is perfect for outdoor gatherings and features a large covered patio. Home also includes a 3 car tandem garage. This home is located in the Telfair community with access to 99, HWY 6 and 69 for an easy commute, and is zoned to Fort Bend ISD! The community offers pools, a splash pad, playground, tennis courts, parks, and a Fitness Facility.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017