21015 La Arbre Lane
About This Property
stunning granite countertops and stainless steel appliances. Beautiful laminate and tile flooring throughout with carpeted stairs, between levels adding warmth. The main level has a primary suite, complete with a private ensuite bath and walk-in closet. Upstairs, you'll discover a versatile loft area, bathroom, and all secondary bedrooms. Outside you'll find a covered patio, sprinkler system, french drains and fenced backyard. Situated in the coveted Normandy Forest community, this home offers not only a great living space but also a prime location. It's just moments away from shopping options, highly rated Klein ISD schools, and FM 2920, 99 and I-45.
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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%.
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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 |
|---|---|---|---|
| Dec 19, 2023 | Sold | ||
| Sold | |||
| Oct 16, 2023 | Listed by Orchard Brokerage | $315,000 | |
| Listed by Orchard Brokerage | |||
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Exquisite 4-bedroom, 2.5-bathroom brick home offering a spacious, light-filled interior with soaring ceilings and an elegant curved staircase. The heart of the home, an inviting eat-in kitchen, features a built-in desk and island with
stunning granite countertops and stainless steel appliances. Beautiful laminate and tile flooring throughout with carpeted stairs, between levels adding warmth. The main level has a primary suite, complete with a private ensuite bath and walk-in closet. Upstairs, you'll discover a versatile loft area, bathroom, and all secondary bedrooms. Outside you'll find a covered patio, sprinkler system, french drains and fenced backyard. Situated in the coveted Normandy Forest community, this home offers not only a great living space but also a prime location. It's just moments away from shopping options, highly rated Klein ISD schools, and FM 2920, 99 and I-45.
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About Harris
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017