2209 Looscan 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 13, 2023 | Sold | ||
| Sold | |||
| Oct 4, 2023 | Listed by Compass RE Texas, LLC | $5,495,000 | |
| Listed by Compass RE Texas, LLC | |||
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Incredible 2022, recent construction in the heart of River Oaks! Upon entering, notice the Segreto finishes in the entryway, and high ceilings of the dining room, office and continued throughout the Primary Suite. The spacious, light-filled kitchen is equipped with L'Atelier Paris appliances, an expansive Quartzite Island and custom cabinetry. The home features a cutting-edge AV system to control lighting and shades throughout the second floor, living room and kitchen, and fills the home with music inside and outside when desired. The elevator accesses all three floors for owner's convenience. An entertainer's backyard features a luxurious, turfed green space, heated saltwater plunge pool, outdoor kitchen fully equipped with a gas grill, refrigerator, sink, and vent hood. All bedrooms have en-suite bathrooms and abundant closet spaces.
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| Jun 1, 2022 | Sold | ||
| Sold | |||
| Nov 23, 2020 | Listed by Compass RE Texas, LLC | $5,495,000 | |
| Listed by Compass RE Texas, LLC | |||
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NEARLY COMPLETE...FINAL WEEKS OF PRE-COMPLETION PRICING! Aside from there being next to zero new-build inventory, this is the best priced new construction in all of River oaks. This exquisite River Oaks new build rests on a prime, quiet lot on highly coveted Looscan Ln. Masterful collaboration by Layne Kelly Homes and JD Bartell Designs. Full growth live oak in front yard, idyllic setting for a tree swing. Highlights include ultra-premium L'Atelier Paris range and hood with coordinating Gaggenau appliance suite, classically designed pool, 2-STORY "BOUTIQUE STYLE" PRIMARY CLOSET, exquisite wine display/storage, and RARE OVERSIZED 3-CAR GARAGE. Full LUTRON HOMEWORKS structured wiring system. You will not find a more beautiful, functional, and better equipped home anywhere near this price level. Don't miss this!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017