11630 Southlake Drive
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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%.
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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.
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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 |
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| Jan 12, 2024 | Sold | ||
| Sold | |||
| Dec 20, 2023 | In contract | - | |
| In contract | |||
| Nov 16, 2023 | Listed by Liz Coleman Realty | $330,000 | |
| Listed by Liz Coleman Realty | |||
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Welcome to this charming well-maintained single-story Energy Corridor home. This open floorplan home features vaulted ceilings, an oversized primary bedroom with sitting area and walk-in closet, a large driveway with plenty of guest parking, gas fireplace, an open flex room that could be converted to a 4th bedroom or office, formal dining/sitting area, two patio courtyards, garage workshop/storage space, and a wraparound yard. Recent updates include quartz countertops, new kitchen appliances (stove, hood, oven, microwave), new modern ceiling fans throughout, new mailbox, paint, and a custom wet bar with a mini fridge and shelving made from reclaimed wood from the original Jim Beam Distillery. This location can't be beat, easy access to Beltway 8, I-10 and West Park Tollway. Close to City Centre, Terry Hershey Park, Memorial City & Town & Country Mall, and is minutes from the downtown Galleria area. Airbnb Rentals are allowed. Never flooded and not in a flood zone.
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| Jun 14, 2022 | Sold | ||
| Sold | |||
| Apr 1, 2022 | Listed by Keller Williams Houston | $340,000 | |
| Listed by Keller Williams Houston | |||
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Light and airy 3 bedroom/3 bath home for sale in April Village. This cute and cozy floorplan includes an open foyer leading to a walk-in family room with a vaulted ceiling, and a wet bar. This floorplan also features a formal living room, kitchen, and breakfast room. Three bedrooms, one used as an office. The master bath features double sinks and a walk-in closet. Recent upgrades include a partial new concrete driveway and a new garage door. Just minutes from Beltway 8 and I-10.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017