823 QUITMAN OAK
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 |
|---|---|---|---|
| Oct 4, 2024 | Sold | ||
| Sold | |||
| Aug 1, 2024 | Listed by Keller Williams Heritage | $415,000 | |
| Listed by Keller Williams Heritage | |||
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Beautiful and Well-Maintained Home in the Heart of Stone Oak Welcome to this stunning home, located in one of Stone Oak's most desirable neighborhoods. As you step inside, you'll immediately appreciate the open floor plan, bathed in natural light and accented by elegant laminate flooring. The spacious living area comes equipped with home theater equipment, including a 65" TV, perfect for entertainment. The gourmet kitchen is a chef's dream, featuring solid wood 42" cabinets with soft-close drawers, exquisite granite countertops, a functional island bar with additional drawers, and stainless steel appliances. The kitchen and breakfast area are beautifully finished with porcelain tile flooring, and a Sony Radio-CD-Bluetooth stereo system with built-in speakers adds to the ambiance. Adjacent to the kitchen, you'll find a versatile pantry with ample storage, additional cabinetry, a desk space, a second refrigerator, and a sink, making it perfect for use as a workshop area. New light fixtures, crown molding, and blinds enhance the windows throughout the home, adding to its charm. Upstairs, all bedrooms are thoughtfully positioned to offer a private retreat, each providing a cozy space for relaxation. The master bedroom is oversized, with additional space that can be used as an office or private living area. The other three bedrooms are spacious, with generous closet space. The open loft area is ideal for a TV lounge or home office. The garage is finished with textured paint and a color concrete floor and includes a water softener installed in 2020. The front and back yards are equipped with a sprinkler system, while the brick exterior on all four sides of the home reduces maintenance. This home comes with two refrigerators, a water softener, two TVs (65" & 55"), home theater equipment, and a stereo system. Located within the highly-rated NEISD school district, this property is within walking distance to Las Lomas Elementary School. Enjoy the prime location with convenient access to highways 1604 & 281, as well as nearby shopping, dining, entertainment, hospitals, golf courses, and top-tier schools.
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| Dec 23, 2010 | Sold | ||
| Sold | |||
| Aug 19, 2010 | Listed by Homecity Real Estate | $163,000 | |
| Listed by Homecity Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017