18506 Richland Falls Lane
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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 |
|---|---|---|---|
| Mar 21, 2023 | Sold | ||
| Sold | |||
| Mar 1, 2023 | Listed by RE/MAX Signature | $349,000 | |
| Listed by RE/MAX Signature | |||
| Jul 14, 2020 | Sold | ||
| Sold | |||
| Jun 11, 2020 | Listed by Houstonian Properties | $269,000 | |
| Listed by Houstonian Properties | |||
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Located a short car ride from The Woodlands, Willowbrook, Tomball, Cypress, Bush International Airport and in excellent Klein School District. The community is gorgeous, with lakes, water falls, green spaces and a pool. The brick and white stone elevation is eye-catching.There is a leaded glass door to a formal entry with soaring ceilings. An optional study is at the front of the home. A beautiful formal dining room to entertain guest. The open concept living is ideal for entertaining or keeping an eye on the kids. The master is situated so the sunrise greets you in the morning. A back patio eastern exposure for the afternoon relaxation. Upgrades: garage storage,optional planning center adjacent to master, high end counters kitchen, planning center & master bath, GE LED lighting throughout,gas cook top, gas fireplace, hardwoods through most, high end raised panel cabinetry in kitchen & planning center, 8 ft doors,Olympia design master bath window. Well built Lennar is waiting for you.
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About Harris
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017