18823 Luminescent Lane
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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 |
|---|---|---|---|
| Sep 12, 2025 | Sold | ||
| Sold | |||
| Aug 20, 2025 | In contract | - | |
| In contract | |||
| Aug 9, 2025 | Price Decreased |
$185,000
↓ $15K
(7.5%) | |
| Price Decreased | |||
| Jul 30, 2025 | Listed by Keller Williams Realty Metropolitan | $200,000 | |
| Listed by Keller Williams Realty Metropolitan | |||
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Discover a rare gem in the gated community of Ambient Living at Kuykendahl—where privacy, style, and location converge. Set on a quiet street, this fully detached townhome offers a true sense of separation and calm, with open views behind and no shared walls—a peaceful escape just moments from everything Spring has to offer. Inside, you’ll find an open and airy layout with sunlit living spaces, luxury vinyl floors, sleek granite countertops, stainless steel appliances, and modern white cabinetry. Upstairs, a flexible loft space sits between private suites—ideal for working from home, gaming, or unwinding. Commuting is a breeze with nearby access to Grand Parkway, FM 2920, I-45, and Hardy Toll Rd. Zoned to top-rated Kuehnle Elementary and just minutes from shopping, dining, and everyday conveniences. If you're looking for modern elegance with the rare comfort of true privacy, this home delivers.
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| Jul 3, 2025 | Price Decreased |
$225,000
↓ $4K
(1.8%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017