9506 French Tree
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%.
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 |
|---|---|---|---|
| Nov 26, 2024 | Sold | ||
| Sold | |||
| Oct 25, 2024 | Listed by Phyllis Browning Company | $549,000 | |
| Listed by Phyllis Browning Company | |||
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Nestled in a peaceful, gated cul-de-sac, this home stands out with incredible curb appeal surrounded by beautiful mature trees. Thoughtfully designed for convenience, it features a first-floor primary bedroom suite with a spa-like spacious bathroom. The open interior boasts two living areas, a formal dining room, cozy fireplace, and high ceilings. Step into the beautifully updated kitchen with sleek, all-white contemporary cabinetry, and a stunning tile backsplash. Experience the luxury of a private study, perfect for remote work or quiet reading. This home is designed with careful attention to wheelchair accessibility, featuring convenient ramps and extra-wide hallways, ensuring smooth and easy mobility throughout. Secondary bedrooms are also located downstairs, with an updated jack-n-jill bathroom that boasts new countertops and cabinetry, adding a fresh modern feel throughout. Escape to the versatile upstairs entertainment room or optional bedroom featuring a full bath and spacious closet perfect for a college student, mother-in-law suite, or kids' playroom. This property offers the lowest price per square foot listed in this community, providing instant equity for the buyer! You will also enjoy being minutes away from Old Town Helotes, La Cantera, and Six Flags Fiesta Texas. Don't miss out on this true gem and all the possibilities this home has to offer! This home qualifies for special zero down-payment 100% financing, with no PMI.
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| Dec 30, 2004 | Sold | ||
| Sold | |||
| Jun 23, 2003 | Listed by Prestige Homes | $329,185 | |
| Listed by Prestige Homes | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017