19707 Ricelake Lane
About This 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 |
|---|---|---|---|
| Nov 9, 2023 | Sold | ||
| Sold | |||
| Oct 20, 2023 | Listed by Compass RE Texas, LLCKaty | $200,000 | |
| Listed by Compass RE Texas, LLCKaty | |||
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This Westlake home is ready for your imagination, design expertise and a bit of TLC. One-story brick home on all 4-sides with a spacious front porch with columns. Your family will have lots of room to spread out with 3 bedrooms and 2 baths along with a flex room that can be used as a dining room or study, or could be opened up to create a modern open plan. Spacious family room features an enclosed wet bar, vaulted ceiling and brick fireplace. Galley kitchen has a breakfast room with a bay window looking out into the oversized back yard with a nice patio. The sellers have had R-30 insulation blown into the attic and installed a spray-on reflective barrier to help keep energy costs down. Tinted windows along the back of the home keep the main living areas cool. Located on a quiet cul-de-sac lane very close to I-10 for an easy commute and great access to shopping, entertainment & restaurants. Zoned to Katy ISD. AC 2007, Dishwasher 2019, side fence recently replaced. Being sold as-is.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017