14122 Lofty Mountain Trail
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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.
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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 |
|---|---|---|---|
| Aug 8, 2024 | Sold | ||
| Sold | |||
| Jul 5, 2024 | In contract | - | |
| In contract | |||
| May 31, 2024 | Listed by Faron Daigle Realty | $709,000 | |
| Listed by Faron Daigle Realty | |||
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14122 Lofty Mountain Trail is a 4 B/R, 3.5 Bath meticulously maintained home in Clear Lake City's golf course community of Bay Oaks. Features include gated drive, porte-cochere, 2-car detached garage & I/G pool & spa. Kitchen has quartz counter tops, stone backsplash, U/M sink, 42" cabinets w/glass fronts, U/C lighting, island w/5-burner gas cook-top & breakfast/serving bar, Dbl. oven (1 convection), coffee bar w/sink & W/I pantry. Family has gas-log F/P, wet bar w/wine fridge & wall of windows overlooking backyard & pool. Office/study down. Primary B/R down & features split level sitting area w/backyard access & en-suite bath w/Dbl closets, quartz topped vanity w/Dbl U/M sinks, tile floor, jetted tub & separate shower w/frameless glass. Gameroom up w/B/I ent. center & computer niche. B/R's 2-4 up. Direct access to Full bath 2 from B/R 2 & gameroom. J&J bath serves B/R's 3 & 4. Other: wood-look tile, custom trim & crown molding, coastal shutters, Dbl. entry doors, & curved staircase.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017