8977 Argonne Stone 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%.
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 |
|---|---|---|---|
| Sep 4, 2024 | Sold | ||
| Sold | |||
| Aug 1, 2024 | In contract | - | |
| In contract | |||
| Jun 27, 2024 | Listed by Realty ONE Group Iconic | $825,000 | |
| Listed by Realty ONE Group Iconic | |||
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RARE FIND! Custom built Trendmaker Home, located in the highly sought after community of Crighton Ridge, sits on just over ¾ of an acre with a saltwater POOL, SPA, and private guest quarters! The main home offers 5 bedrooms, 5.5 bathrooms, downstairs study, upstairs over-sized game-room with ensuite bath, media room with wet bar, and a Texas-Sized screened in covered patio! The private guest quarters/casita offers 1 bedroom and 1 full bathroom on the 1ST FLOOR. Total square footage is 5,781 per appraiser measurements. Enjoy double vanities in the primary bath and a closet INSIDE of a closet that can be converted to enjoy a flex room such as a nursery or office. This home boasts upgrades throughout, including but not limited to, a new roof (2020), 3 upgraded HVAC units (2023), 2 new water heaters (2023), fence replacement (2017), resurfaced pool deck (2017), and MORE. See attached highlight sheet for details. PRIME LOCATION! Easy access to 45. Zoned to highly rated Conroe ISD.
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| May 30, 2024 | Price Decreased |
$850,000
↓ $40K
(4.5%) | |
| Price Decreased | |||
| Apr 20, 2024 | Listed | $889,999 | |
| Listed | |||
| | |||
|
RARE FIND! Custom built Trendmaker Home, located in the highly sought after community of Crighton Ridge, sits on just over ¾ of an acre with a saltwater POOL, SPA, and private guest quarters! The main home offers 5 bedrooms, 5.5 bathrooms, downstairs study, upstairs over-sized game-room with ensuite bath, media room with wet bar, and a Texas-Sized screened in covered patio! The private guest quarters/casita offers 1 bedroom and 1 full bathroom on the 1ST FLOOR. Total square footage is 5,781 per appraiser measurements. Enjoy double vanities in the primary bath and a closet INSIDE of a closet that can be converted to enjoy a flex room such as a nursery or office. This home boasts upgrades throughout, including but not limited to, a new roof (2020), 3 upgraded HVAC units (2023), 2 new water heaters (2023), fence replacement (2017), resurfaced pool deck (2017), and MORE. See attached highlight sheet for details. PRIME LOCATION! Easy access to 45. Zoned to highly rated Conroe ISD.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017