1236 Lancer Leap 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 |
|---|---|---|---|
| Sep 6, 2023 | Sold | ||
| Sold | |||
| Jun 2, 2023 | Listed by RE/MAX American Dream | $290,000 | |
| Listed by RE/MAX American Dream | |||
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Welcome to this 2021 M/I home in Mustang Crossing in Alvin! This beautifully distributed home offers 4 bedrooms, 3 full bathrooms, formal dining, game/playroom or office and a 2 car garage. You will enjoy entertaining guest in this kitchen/living room open floorplan concept. Kitchen offers granite countertops, walk-in pantry, an island and plenty of cabinets and counter space that will be perfect for your personal coffee bar. Primary bedroom boasts an en-suite bathroom with oversized shower and 2 walk in closets. House has laminate floors throughout and carpet in the bedrooms. This community offers a kids playground that is just at walking distance and a splash pad just around the corner. Close proximity to local shopping & restaurants and quick access to Friendswood and Pearland. Don’t miss out, schedule your personal tour today! Call Listing Agent for more details!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017