20119 Amberlight Lane
About This Property
Lovely home, light & bright, new front door and high ceiling foyer.
Hardwood flooring and designer neutral paint throughout. Huge den w/very open/high vaulted ceilings/recessed lights/brick fireplace! Large kitchen recent upgrade Granite counters & backsplash, stainless steel appliance. Large primary bedroom on the first floor.
4 bedrooms and 2 full baths upstairs, Large game room. Recent carpet. New Double panel Windows!!
No back-neighbors, the house backed to Nottingham Country Greenbelt Park.
Low property Tax rate!
Zoned to very desired KATY ISD schools. Easy access to I-10, minutes to energy corridor, walking distance to schools, retail, and restaurants.
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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 |
|---|---|---|---|
| Apr 11, 2023 | Sold | ||
| Sold | |||
| Feb 14, 2023 | Listed by Winhill Advisors - Kirby | $445,000 | |
| Listed by Winhill Advisors - Kirby | |||
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Last Updated: 5 months ago
Data Source: HAR , MLS# 35404393
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017