960 Kite Road
About This Property
BUILDER IS OFFER $5K SELLERS CREDITS FOR CLOSING COSTS AND OR RATE BUY DOWN! Welcome to this stunning new 3-bed, 2-bath on a 1.086 acre lot just 10 minutes from downtown Mineral Wells. This 1,785 sqft home boasts efficiency with foam insulation, durable masonry siding and much more! Enjoy a large back porch with an outdoor kitchen, well water; eliminating the need for a water bill, and an aerobic septic system. The property includes irrigation, spacious parking with electrical hook-up, and propane gas piping for versatile appliance options. With 10-foot ceilings, a 10-year foundation warranty, and a serene setting, this home is a unique opportunity for modern country living. Schedule your showing now!
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Dec 20, 2024 | Sold | ||
| Sold | |||
| Dec 3, 2024 | In contract | - | |
| In contract | |||
| Nov 13, 2024 | Relisted | $369,000 | |
| Relisted | |||
| Nov 10, 2024 | In contract | - | |
| In contract | |||
| Sep 24, 2024 | Price Decreased |
$369,000
↓ $11K
(2.9%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
About Palo Pinto
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Last Updated: 2 years ago
Data Source: NTREIS MLS, MLS# 20635383
Details provided by NTREIS and may not match the public record
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017