15522 Township Glen Lane
About This Property
Discover your dream home in the Fairfield community, where luxury meets convenience. This 4 bed, 3.5 bath gem features a 3-car garage, no rear neighbors, and a pool sized backyard. The interior boasts a chef's kitchen with a gas cooktop & DBL ovens. A luxurious master suite with dual sinks, separate jetted tub & shower. Upstairs you'll find a Texas-sized game room. Having no rear neighbors makes the backyard perfect for relaxation and entertainment. Fairfield is not just a place to live; it's a lifestyle. Enjoy access to multiple pools, playgrounds, a gym & weight room, tennis courts, a community clubhouse, and miles of walking trails along scenic neighborhood lakes. Positioned conveniently near HEB, a variety of dining options, Memorial Hermann Hospital, and Houston Premium Outlets, this home offers unparalleled community amenities and local conveniences.
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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 |
|---|---|---|---|
| Jun 25, 2024 | Sold | ||
| Sold | |||
| Jun 11, 2024 | In contract | - | |
| In contract | |||
| Jun 5, 2024 | Price Decreased |
$475,000
↓ $14K
(2.9%) | |
| Price Decreased | |||
| May 23, 2024 | Price Decreased |
$489,000
↓ $10K
(2%) | |
| Price Decreased | |||
| May 4, 2024 | Price Decreased |
$499,000
↓ $13K
(2.5%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017