12403 Theis Trail Lane
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 13, 2021 | Sold | ||
| Sold | |||
| Jul 15, 2021 | Listed by JPAR - The Sears Group | $550,000 | |
| Listed by JPAR - The Sears Group | |||
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A stunning home just hit the market in Tomball! This gorgeous home features 5 bedrooms, 4½ baths, a 3-car garage, and 4042 sq ft of living space. The property is located on a corner lot in the highly desirable gated community of Treeline. As you walk up to the home, you will be welcomed by a tranquil water feature adding an essence of serenity to your day. The turret featured on the exterior courtyard entryway makes you feel like royalty as you walk into your soon-to-be new castle. During the summer, entertain in style with the outdoor kitchen while you relax near the pool that heats for the winter. This home is also equipped with a must-have Generac standby generator for unpredicted Texas weather, ring doorbell, and indoor/outdoor camera system for extra security. Zoned to the highly coveted Tomball school district. Major shopping centers nearby and easy access to freeways makes your commute a breeze Schedule TODAY… It won’t last long!
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About Harris
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017