2014 Royal Landing Drive
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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 |
|---|---|---|---|
| Feb 13, 2024 | Sold | ||
| Sold | |||
| Jan 9, 2024 | In contract | - | |
| In contract | |||
| Dec 29, 2023 | Listed by Martha Turner Sotheby's International Realty - The | $425,000 | |
| Listed by Martha Turner Sotheby's International Realty - The | |||
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Built by K HOVNANIAN HOMES this lovely is tucked away in the highly sought-after gated community of Cambridge Heights. Located minutes from downtown Houston, NRG Stadium, the Texas Medical Center and the Museum District, this gated community affords convenient and peaceful luxurious urban living. This 3-story single family residence with a private fenced yard has tons of upgrades. Tall ceilings and abundant windows create a bright voluminous feeling. Golden Hickory engineered hardwood floorings connects the living spaces and adds warmth while the chocolate brown cabinets in the gourmet kitchen create contrast and a dramatic backdrop. The expansive Owners Suite boasts a luxurious bath with Florentine tile, a large soaking tub and double sinks. Enjoy privacy outdoors on the covered patios with tile flooring. This energy-efficient home is HERS rated and has high-efficiency HVAC, digital thermostats, insulated/Low-E windows, radiant attic barrier flooring and rigid foam insulation.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017