13531 Smith Lake 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 15, 2020 | Sold | ||
| Sold | |||
| Jul 20, 2020 | Listed by ELSA Realty | $218,000 | |
| Listed by ELSA Realty | |||
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Like-new, well-maintained home in the beautiful development of Water’s Edge on Lake Houston. Neutral paint to match many styles. Fixtures of modern rubbed bronze. Tile in family areas and baths, carpeting in three bedrooms. Higher, tray ceilings throughout. Main bedroom with en suite bathroom, featuring double sinks, large tub, separate shower, and large walk-in closet. Laundry room conveniently located next to the suite. Two secondary bedrooms, in a different part of the home, to provide privacy for guests, featuring large closets and shared bath. All appliances convey, white washer and dryer, and stainless steel refrigerator, gas stove, dishwasher, and microwave. Covered porches in front and back. Sprinkler system. Two-vehicle attached garage with room for storage on a raised pad. Peaceful fenced backyard and directly next to a wooded area featuring a small neighborhood playground.
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Property Highlights
Building Info
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Status
Price/ft²
Listed On
Sold On
About Lake Houston
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017