1931 Kingston Meadow Lane
About This Property
You will really like the oversized garage with air conditioning! This house has never flooded and did NOT lose power during Beryl. Zoned to outstanding Lamar CISD and convenient o commuter routes, shopping and restaurants! The community offers master-planned amenities to enjoy including a recreation center with an outdoor kitchen, meeting room and fitness area. It also include s a swimming pool with lap lanes, a zero-entry beach area and a traditional play space. There is a splash pad and playground. Amenity lakes and walking paths provide a great place for a quick run or leisurely walk. Schedule a time to come visit this terrific property!
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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 11, 2024 | Sold | ||
| Sold | |||
| Aug 15, 2024 | In contract | - | |
| In contract | |||
| Jul 22, 2024 | Listed by Better Homes and Gardens Real Estate Gary Greene - Katy | $399,000 | |
| Listed by Better Homes and Gardens Real Estate Gary Greene - Katy | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017