1506 Lynnview 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 |
|---|---|---|---|
| Apr 26, 2022 | Sold | ||
| Sold | |||
| Mar 25, 2022 | Listed by Compass RE Texas, LLC | $860,000 | |
| Listed by Compass RE Texas, LLC | |||
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Absolutely stunning and meticulously maintained and upgraded ranch home in a prime location of Monarch Oaks. Zoned to top rated schools including Valley Oaks Elementary and Memorial High, this beauty is filled with only top of the line upgrades using only the finest materials. From Cosentino and Ceaserstone counters, Wolf and Bosch appliances, to full home generator, tankless Navien water heater, new double pane windows by Renewal by Andersen, and top of the line Trane HVAC system with air scrubber this is a home built to last. All plumbing has been replaced, electrical upgraded, and backyard landscaped with no expense spared! Don't miss the opportunity to live in a booming and growing neighborhood on a large lot on one of the best blocks. New construction selling over $2M in the same neighborhood. Walking distance to Valley oaks elementary, coffee shops such as slowpokes, yoga studios and restaurants. Don't miss your chance! Make sure you check out the virtual video tour!
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Property Highlights
Building Info
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Price/ft²
Listed On
Sold On
About Northwest Houston
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017