8422 Pheasant Glen Drive
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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 |
|---|---|---|---|
| Mar 1, 2024 | Sold | ||
| Sold | |||
| Feb 8, 2024 | In contract | - | |
| In contract | |||
| Oct 11, 2023 | Listed by Tammy Bateman Properties | $619,999 | |
| Listed by Tammy Bateman Properties | |||
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In the highly desirable Champions area, with both elementary & middle schools within the subdivision, and Klein High School minutes away, the light brick home sits prominently on a beautiful lot with mature landscape. An impressive two-story foyer showcases the dramatic, curved main staircase & large, private study, perfect as a home office. Banquet size formal dining is bright & elegant with double-crown molding, cased windows & kitchen access for ease of entertaining. Views of the shimmering pool, a brick fireplace & walk-in wet bar, create a fabulous family room for family and friends. For the chef, a stately kitchen w/updated appliances, walk-in pantry & custom oak cabinets w/soft-close drawers. The large, first floor primary suite with beautiful trim work & dual walk-ins, features a dramatic spa bath with dual vanities & centered, jetted tub under a large decorative window. Upstairs, a raised gameroom w/vaulted ceiling, wet bar, nice-sized secondary bedrooms & great closet space.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017