1415 Lamplight Trail Drive
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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 30, 2020 | Sold | ||
| Sold | |||
| Aug 19, 2020 | Listed by Houston Castles | $269,900 | |
| Listed by Houston Castles | |||
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Gorgeously updated one-story beauty with dreamy backyard oasis! This enormous chef's kitchen has been completely remodeled with granite countertops, beautiful backsplash, oversized cabinets, and stainless steel appliances and more. New double pane windows and plantation shutters will keep your utility bills low. Recent flooring includes stunning wood floors in the living areas and new carpet in the bedrooms. Soaring ceilings in the family room and master bedroom make these large rooms feel even larger. This dreamy backyard oasis will take your breath away. The covered backyard patio is absolutely huge. This oversized lot is over a quarter acre, which means your backyard is simply massive. This amazing home is less than a 2 minute stroll from the neighborhood walking trails and less than 5 minutes from the park. Your new home is located in the highly coveted Cinco Ranch, which is one of the finest Master Planned Communities in Texas. You're also zoned to the world famous Katy schools.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017