22123 Shady Heath Lane
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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 |
|---|---|---|---|
| Aug 27, 2021 | Sold | ||
| Sold | |||
| Jul 10, 2021 | Listed by All Side Realty | $349,800 | |
| Listed by All Side Realty | |||
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Gorgeous two story home in soughtafter Grand Lakes features island kitchen with Avaza countertops opens to a large two story family room with fireplace. Fresh paint throughout, no carpet, only Woodlike floors and tile , Spacious dining room conveniently located behind kitchen, Huge open gameroom upstairs. Master suite with whirlpool tub, dual sinks, walking distance to community park. Refrigerator, washer and dryer included. Recent AC in 2018 and new furnace 2021. Texas-size covered rear patio is great for relaxing and entertaining with friends and family. Full sprinklers front and back. Nearby neighborhood lakes, exercise trails, pools and tennis courts. Close proximity to major commuter routes into town. Exemplary Katy schools are awesome. Come home to Grand Lakes! Exellent KISD Schools, Easy access to all highways and shopping. Never Flooded! Won’t last long! Schedule your showings today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017