1843 Upland Lakes
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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.
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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 |
|---|---|---|---|
| Jul 11, 2022 | Sold | ||
| Sold | |||
| May 11, 2022 | Listed by Greenwood King Properties | $595,000 | |
| Listed by Greenwood King Properties | |||
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*Zoned to Stratford HS. Highly sought-after single-family home w/ 1st floor living in Upland Lakes. 4/5-BR French style home w/ elevated ceilings, curved staircase, & elevator capable. Open kitchen, living & dining w/ a wall of windows & access to a paved patio. Oversized garage with storage. Hardwood floors throughout most of the house. The 2nd flr there are 2 secondary bedrooms & primary suite along w/ the utility rm. The primary suite has an ensuite spa like bath w/ separate shower, plunging tub, separate vanities, & oversized walk-in closet. The third level there is an additional bedroom, full bath, game rm/gym or additional bedroom & a breath-taking patio. Fabulous closet spaces. Home is full of natural light & is quite private since it’s located on the corner. Energy Star home. Geothermal heat & AC system. Upland Lakes is gated resort style community in Spring Branch that offers jogging trails, lakes, pools, guest parking & dog park. All per Seller.*Buyer to verify eligibility.
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About Northwest Houston
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017