1427 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%.
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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 |
|---|---|---|---|
| Mar 24, 2023 | Sold | ||
| Sold | |||
| Feb 23, 2023 | Listed by VAM Real Estate Solutions | $360,000 | |
| Listed by VAM Real Estate Solutions | |||
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Hidden gem of Cinco Ranch! Beautiful spacious corner house with high vaulted ceiling with tons of natural light, formal living room with fireplace to cozy up during cold days, huge den with dining area. 4 bedrooms, the 4th bedroom can be used as an office, if need be. Freshly painted throughout all of the house. Only the primary bedroom has recently installed carpet, the rest of the house has hard flooring. The primary bathroom has a shower, tub and double sinks. The kitchen has a plethora of cabinets and storage. Bathrooms and breakfast area have recent light fixtures. The side street does not go through. Perfect for extra parking or extra play areas for kids. A good sized backyard is ready for family gatherings and barbeque. Updated windows. Enjoy recreation amenities including multiple parks, tennis courts, swimming pools of Cinco Ranch. Welcome Home!!!
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| Sep 3, 2021 | Sold | ||
| Sold | |||
| Jul 24, 2021 | Listed by Keller Williams Premier Realty | $320,000 | |
| Listed by Keller Williams Premier Realty | |||
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Fabulous floorplan with 9 foot ceilings throughout, except in the living room which has a soaring vaulted ceiling! There is NO carpet in the house. Gorgeous wood laminate floors in all common areas and bedrooms. The walls have fresh paint except in the kitchen and bathrooms. Double-paned windows throughout. This home sits on a quiet corner lot! The sidestreet does not go through, making a perfect spot for basketball, more space for the kiddos to play, or guest parking. Home is located just minutes from 99 (Grand parkway), I-10, Westpark Tollway, shopping and restaurants. Cinco Ranch is loaded with pools, parks and trail! PLUS zoned to the highly acclaimed Katy ISD schools! NEVER FLOODED!!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017