1206 Lamplight Trail Drive
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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 8, 2024 | Sold | ||
| Sold | |||
| Oct 16, 2024 | In contract | - | |
| In contract | |||
| Oct 10, 2024 | Listed by Energy Realty | $417,000 | |
| Listed by Energy Realty | |||
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Discover your dream home in the highly sought-after Cinco Ranch community! Nestled on a quiet cul-de-sac, this stunning residence offers an expansive resort-style backyard with a sparkling pool and spa, perfect for relaxation and entertainment. Mature trees create a private oasis. Inside, you'll find elegant features such as recently installed engineered wood flooring, a well-appointed kitchen with granite countertops and stainless steel appliances, a luxurious main floor master suite with dual vanities, a jetted tub, and a seamless glass shower. Upstairs boasts a spacious game room with custom entertainment center and a fully updated bathroom. The property includes a storage shed, patio furniture, pool equipment, and essential appliances. Conveniently located near the 99 toll road with top-rated Katy schools, this home combines luxury living with practicality. Move in today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017