8031 Farthing Lane
About This Property
As you step inside, you'll be greeted by an open-concept living area that seamlessly connects the living room, dining room, and kitchen, creating an inviting space for family gatherings and entertaining guests. The kitchen boasts sleek granite countertops, and provides space for a coffee bar.
The master suite features a walk-in shower and a his and hers vanity. The additional two bedrooms provide plenty of room for family, guests, or a home office.
Step outside to the covered patio with plenty of space for outdoor activities and gardening.
Conveniently located near schools, parks, and shopping centers, ensuring you have everything you need within reach. Don't miss the opportunity to make this house your home – schedule a showing today!
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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 |
|---|---|---|---|
| Oct 15, 2024 | Sold | ||
| Sold | |||
| Oct 13, 2024 | In contract | - | |
| In contract | |||
| Aug 18, 2024 | Price Decreased |
$255,000
↓ $15K
(5.6%) | |
| Price Decreased | |||
| Jul 14, 2024 | Price Increased |
$270,000
↑ $15K
(5.9%) | |
| Price Increased | |||
| Jun 27, 2024 | Listed by Vive Realty LLC | $255,000 | |
| Listed by Vive Realty LLC | |||
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About Fort Bend
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017