15803 Arbor Lake 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 |
|---|---|---|---|
| Nov 1, 2024 | Sold | ||
| Sold | |||
| Sep 30, 2024 | In contract | - | |
| In contract | |||
| Sep 27, 2024 | Listed by eXp Realty LLC | $475,000 | |
| Listed by eXp Realty LLC | |||
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WELCOME HOME! Nestled in the heart of Lakewood Grove, this spectacular home offers the perfect blend of comfort and style. Step inside to discover a spacious living area bathed in natural light, adorned with stylish wood plank porcelain tile, gas fireplace and high ceilings. The sleek kitchen featuring SS appliances, ample cabinet space, and large cooking island making meal prep a breeze. The private backyard retreat really shines with its covered back patio, lush landscaping and sparkling pool where you can relax and enjoy your peaceful surroundings. No back neighbors! Your back gate opens to walking trails and wide-open space. The primary suite features a large walk-in closet and a luxurious ensuite bathroom with dual sinks, a jetted tub and tile shower. Three additional bedrooms upstairs offer versatility for guests and kids plus a large game room. Zoned to Tomball ISD. You'll enjoy easy access to parks, schools, shopping, dining, and major commuter routes. Don't miss this one!!!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017