11618 Lane Street
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 30, 2020 | Sold | ||
| Sold | |||
| Jul 11, 2020 | Listed by Valor Realty | $204,999 | |
| Listed by Valor Realty | |||
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* Open House changed to a Virtual Open House, day & time will be posted soon. This cozy home has been completely updated with a modern feel. This beautiful home showcases original hardwood floors throughout living room and bedrooms, an open floor plan, and fresh paint. The modest kitchen has been completely updated offering plenty of cabinets, quartz countertops, nice backsplash, breakfast bar open to the family room, stainless steel appliances, and modern pendant lighting over breakfast bar. The dining/family room combo over looks the huge, lush back yard. The back yard is completely fenced with mature trees that provide plenty of shade. The exterior of this home has fresh paint, updated windows, a beautiful flowerbed at the front of the home with a front porch, and a 2 car garage with an attached carport. There are more updates that have been done (too many to list herein), please call the listing agent for all the details.
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Property Highlights
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About Northeast Houston
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017