1018 S Commons View Drive
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 |
|---|---|---|---|
| Jan 18, 2024 | Sold | ||
| Sold | |||
| Jan 6, 2024 | In contract | - | |
| In contract | |||
| Aug 28, 2023 | Listed by Bernstein Realty | $337,500 | |
| Listed by Bernstein Realty | |||
| Sep 21, 2020 | Sold | ||
| Sold | |||
| Jun 19, 2020 | Listed by RE/MAX East | $120,000 | |
| Listed by RE/MAX East | |||
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Ready for a change....Come build your dream home on this Beautiful 2.54 acres located in The Reserve of Commons of Lake Houston. This lot is high and dry with picket fence along the back side of the lot and with PVC white fence in the front. You will enjoy the upscale country living that The Reserve has to offer. This quiet and peaceful neighborhood will catch your attention with the sunrise and sunset through the nice mature trees that will surround your custom home. You and your family will also enjoy other features The Reserve has to offer: Nature trails for biking and hiking, boat dock, picnic area, playground for the kids, community pool and much more! Come view today!
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
About Lake Houston
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017