1427 Lamesa Drive
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 |
|---|---|---|---|
| Feb 20, 2024 | Sold | ||
| Sold | |||
| Jan 24, 2024 | In contract | - | |
| In contract | |||
| Aug 11, 2023 | Listed by Keller Williams Realty The Woodlands | $380,000 | |
| Listed by Keller Williams Realty The Woodlands | |||
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PERFECT LOCATION! Corner lot. Just shy of 3/4 of an acre. Quiet highly sought after neighborhood. Lovely brick home that has great bones and is move in ready. Kitchen that has been redone with beautiful wood cabinets. Breakfast area plus formal dining that could be used for a Study. Wood floors throughout that are gorgeous. Primary bathroom is massive. 3 full bathrooms. 3 car detached garage with high ceilings for extra storage. Extra long driveway for parking. Septic. The privacy you have been seeking is here. Super low taxes. Ask about rate buy down or reno loan. YES an RV or boat could be parked here! Close to Lake Conroe for great fishing and pleasure boating. Also close to the Woodlands for fine dining and great shopping.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017