12706 Lateen Circle
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 |
|---|---|---|---|
| Mar 20, 2024 | Sold | ||
| Sold | |||
| Feb 16, 2024 | In contract | - | |
| In contract | |||
| Jan 18, 2024 | Listed by KSP | $225,000 | |
| Listed by KSP | |||
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Step into the warm embrace of 12706 Lateen Circle, a lovingly revitalized three-bedroom haven nestled in the welcoming Riviera East Subdivision in Northeast Houston. Tucked away on a peaceful cul-de-sac, this charming 2-story abode boasts an inviting kitchen appointed with gleaming granite counters and crisp white shaker cabinets. Bask in cozy solitude of the newly crafted back deck, overlooking your spacious, private sanctuary with a double-wide gate for easy access. Take heart in knowing there are no back neighbors as you wander toward the blissful Jordon Gully behind. Unwavering quality resonates throughout this beloved dwelling, highlighted by a new roof, dependable PEX plumbing, modern under-slab drain lines, fresh paint in and out, low-maintenance cement board siding at back, and a lifetime foundation warranty. Just a few footsteps from the community swimming pool and tennis courts, this home embodies the essence of hearth and home.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017