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18322 Cape Lookout Way
About This Property
Gorgeous kitchen featuring Calacatta Gold Quartz countertops with Mrble backsplash, Upgraded stainless single basin rectangle sink, Brushed gold sink faucet. Appliances - new Frigidaire gas cooktop, wall oven, and dishwasher. Whirlpool microwave. High end Vinyl plank floors throughout the house and stairs. Large 4 bedrooms and Game room upstairs with fully updated secondaty bathrooms feauturing Calacatta Quartz counters, new sinks, baths tile walls and floors. All new 2026 ROOF, two A/C Units and two 50 gallons. Located near (IAH) airport, Lake Houston, shopping, dining, and major commuter routes including FM 1960 and Beltway 8. Available for imidiate move in!
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017