8645 Cimarron Mesa Lane
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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 |
|---|---|---|---|
| Apr 9, 2024 | Sold | ||
| Sold | |||
| Feb 6, 2024 | In contract | - | |
| In contract | |||
| Dec 23, 2023 | No longer available | - | |
| No longer available | |||
| Dec 22, 2023 | Listed by Keller Williams Realty Metropolitan | $315,000 | |
| Listed by Keller Williams Realty Metropolitan | |||
| | |||
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BACK ON THE MARKET!!!! Beautiful one-owner home in the peaceful Cimarron Creek development. This exceptionally spacious four bedroom two and one half bath home has not only been kept in immaculate condition but is full of upgrades! Enjoy the nine-foot ceilings, custom glass entry door and beautiful rock garden landscaping display at the entrance. There is custom lighting throughout the home as well as cordless blinds throughout. The large living room with oversized windows lets in an abundance of light and leads toward a spacious formal dining area and into the open-concept kitchen with views of the custom-built patio with nature and wildlife beyond. All bedrooms are located on the second floor and include a large master suite with custom designed bathroom, dual vanities and dual linen closets. The home provides a large amount of storage with large closets in each bedroom, separate linen and additional areas throughout. The house has a community pool, and it is zoned to Magnolia ISD.
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| Jul 21, 2023 | Listed by Keller Williams Realty Metropolitan | $315,000 | |
| Listed by Keller Williams Realty Metropolitan | |||
| | |||
|
BACK ON THE MARKET!!!! Beautiful one-owner home in the peaceful Cimarron Creek development. This exceptionally spacious four bedroom two and one half bath home has not only been kept in immaculate condition but is full of upgrades! Enjoy the nine-foot ceilings, custom glass entry door and beautiful rock garden landscaping display at the entrance. There is custom lighting throughout the home as well as cordless blinds throughout. The large living room with oversized windows lets in an abundance of light and leads toward a spacious formal dining area and into the open-concept kitchen with views of the custom-built patio with nature and wildlife beyond. All bedrooms are located on the second floor and include a large master suite with custom designed bathroom, dual vanities and dual linen closets. The home provides a large amount of storage with large closets in each bedroom, separate linen and additional areas throughout. The house has a community pool, and it is zoned to Magnolia ISD.
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About Montgomery
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Last Updated: 6 months ago
Data Source: HAR , MLS# 75555903
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017