1653 Upland Lakes
About This Property
doesn't have a direct view of the community lake and pool, the amenities are just steps away. The small low
maintenance turfed yard and patio provide a private outdoor space. Hardwood flooring graces the kitchen,
living, and dining areas, creating an inviting atmosphere. Each of the three bedrooms boasts its own ensuite
for privacy and convenience. Enjoy the community pool, green space for walking your furry friend, and the
peaceful ambiance of this great neighborhood. With easy access to the I-10 freeway, this well-maintained
property ensures a seamless blend of comfort and convenience. Zoned to desirable schools, including
Stratford High and Spring Branch Middle, this home offers comfort and community in a sought-after
neighborhood. All per Seller
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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 |
|---|---|---|---|
| Nov 19, 2024 | Sold | ||
| Sold | |||
| Oct 16, 2024 | In contract | - | |
| In contract | |||
| Aug 31, 2024 | Price Decreased |
$429,900
↓ $5K
(1.2%) | |
| Price Decreased | |||
| Aug 6, 2024 | Price Increased |
$434,900
↑ $5K
(1.2%) | |
| Price Increased | |||
| Jul 23, 2024 | Listed by Casablanca Properties | $429,900 | |
| Listed by Casablanca Properties | |||
| | |||
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This home is sitting in a beautiful resort-style gated community featuring three lakes, walking trails, and parks. Conveniently located near the City Center, Memorial City Mall, and the Energy Corridor. This French-style home comes with a guest suite on the first floor. The second floor has lots of windows and high ceilings, a modern island kitchen, an open living area with a hardwood floor, and a balcony with a view. The primary bedroom and a one-bedroom suite are located on the third level. Come see and you will fall in love with this community.
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Property Highlights
Building Info
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Price/ft²
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About Northwest Houston
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017