15411 Cabot Ridge Lane
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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.
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 |
|---|---|---|---|
| Aug 20, 2024 | Sold | ||
| Sold | |||
| Jun 21, 2024 | In contract | - | |
| In contract | |||
| May 15, 2024 | Listed by Step Real Estate | $385,000 | |
| Listed by Step Real Estate | |||
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Impeccably maintained 4b, 2.5bath home in the sought-after Cypress Landing community. Recent upgrades include quartz countertops with smart charger, and stylish luxury vinyl plank flooring throughout. Top-rated CFISD schools. Enjoy the seamless flow of the open-concept living and kitchen area, complete with ample cabinet space. Spacious primary suite on the main floor features tray ceilings, abundant natural light, double sinks, garden tub, separate shower, and a generously sized walk-in closet. Upstairs, you'll find an expansive game room with a separate study nook, providing versatile space for relaxation and/or productivity. Step outside to relax on the front and back covered porches, surrounded by a well-maintained yard with sprinkler systems. Conveniently located near Fairfield's shopping and dining destinations, Houston Premium Outlets, and easy access to Hwy 290 and the new Grand Parkway. Rest assured, this home has a history of remaining unaffected by flooding events.
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| May 3, 2023 | Sold | ||
| Sold | |||
| Feb 28, 2023 | Listed by Krueger Real Estate | $349,900 | |
| Listed by Krueger Real Estate | |||
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About Cypress
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Last Updated: 6 months ago
Data Source: HAR , MLS# 75181723
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