12919 Arnage 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%.
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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.
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 21, 2023 | Sold | ||
| Sold | |||
| Aug 3, 2023 | Listed by Compass RE Texas, LLC | $259,900 | |
| Listed by Compass RE Texas, LLC | |||
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This 3 bed, 2.5 bath is 3 miles south of 610 off S Post Oak. Not in a flood zone. Quick access to the Medical Center, the Galleria, or Sugar Land. This house has LARGER BEDROOMS than other houses of this price range! HIGH CEILING, and lots of natural light. Built in 2005 and has been recently updated with FRESH PAINTS and NEW FLOORS. Dishwasher and refrigerator were replaced 2 years ago. BRAND NEW RANGE STOVE WITH OVEN JUST INSTALLED (June 2023). Recently had ROOF TUNE UP and many misc. maintenance repairs done. Nice backyard. AC LESS THAN 6 YEARS OLD. NEVER FLOODED.
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Property Highlights
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About Southwest Houston
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017